The original price of a stereo was reduced by 40%. The sales price was then reduced by 25%. This price was then reduced by 35%. If a stereo is now selling for $234.00, what was the original price?
Solving the question backwards: Before 35% was reduced, price: (100/65)234 =$360 Before 25% was reduced, price: (100/75)*360 =$480 Original price: (100/60)480 =$800
