Calculating Original Price after Discounts

Jan 17, 2025

Lecture Notes: Calculating Original Price after Discount

Key Concepts

  • Discount and Sale Price Relationship: Understanding how the original price, discount, and sale price are related.
  • Formula Setup: Establishing the formula to calculate the original price of an item after a discount.

Steps to Calculate Original Price

  1. Identify Sale Price

    • Sale price after discount: $479.20
  2. Understand Discount Calculation

    • The TV is sold at a 20% discount.
    • Formula: Original Price - Discount = Sale Price
    • Discount is calculated as 20% of the original price.
  3. Convert Percentage to Decimal

    • Convert 20% to a decimal for calculation: 0.20
    • Calculation is made against the original price.
  4. Setup the Equation

    • Let the original price be 'x'.
    • Equation: x - 0.20x = 479.20
    • Simplify: 0.80x = 479.20
    • Understanding: Subtracting 0.20x (20%) from x results in 0.80x (80% of original price).
  5. Solve for Original Price

    • To find 'x', divide the sale price by 0.80:
      • x = 479.20 / 0.80
    • Use a calculator for accuracy.
    • Result: x = $599.00

Conclusion

  • The original price of the TV was $599.00 before the 20% discount was applied, resulting in a sale price of $479.20.