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List price and discount

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A car dealer, at a year-end clearance sale, reduces the list price of last year's models by 15%. If a certain model has a discounted price of $8000, what was the list price? How much can be saved by purchasing last year's model?

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Solution Summary

This shows how to determine list price given a discount.

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  • BE, Bangalore University, India
  • MS, University of Wisconsin-Madison
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