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The price of a computer was decreased by 7% to £500. What was the price before the decrease? Give your answer to the nearest penny.

Sagot :

Answer:

£ 537.63

Step-by-step explanation:

original price = 100%

selling price = 100% - 7% = 93% = £500

just do the proportion or ratio

[tex] \frac{100\%}{93\%} = \frac{original \: price}{500} [/tex]

OP = 500 x 100% / 93%

OP = £ 537.634

rounded to the nearest penny and become £ 537.63