Today only, a suit is being sold at a 28% discount.

Question

Today only, a suit is being sold at a 28% discount. The sale price is $588. What was the price yesterday?

Answer 1

Word problems can look more complicated than they actually are. Let's start with what we know:

1. The suit was sold at a 28% discount.
2. The suit would have not have the 28% discount if it were purchased yesterday.
3. The suit cost $588.

In order to find out the original price of the suit, we add 28% to 100% to see what the original price was in relation to the sale price. This gets us 128%. Convert this percent to a decimal (1.28).

Multiply the sale price of the suit (588) by the decimal we found in the last step (1.28). $588 x 1.28 = $752.64

The suit would have cost $752.64 yesterday.