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The price for the product was raised by 22% and amounted to 2013 dollars. What was the price of the product before the price was raised ?

please guys i would like explaining and steps for the solution thank you :)

sasha
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1 Answers1

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When you raise a price by $22\%$ you multiply it by $1+\frac {22}{100}=1.22$ To recover the original you divide the new one by $1.22$

Ross Millikan
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