At a store, they cut the price 40% for a particular item. By what percent must the item be increased if you wanted to sell it at the original price?
You must multiply the original price with the 40%. After that, you add the orginal price with the answer you got after multiplying the original price with 40%.
If this wasn't the answer you were looking for... I don't know what to tell you.
lets work through this one - it is a good question. Don't worry anon, this was a very tricky question.
Let the original price be $100. It makes no difference what you choose for the original price but most people with find it easier if you choose an easy number rather than a letter.
alright we reduce this by 40% so the new price will be 100 - 40% of 100 = $60
so the question becomes (where x% is the price increase)
60 + x% of 60 = $100
60+x100∗60=100x100∗60=40x100=4060x100=23x=23×100x=6623$Sothepricewouldhavetoincreaseby$6623%