A price increases by 20% to become 60. What was the original price?

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Multiple Choice

A price increases by 20% to become 60. What was the original price?

Explanation:
Understanding percent increases means the new price is 1.20 times the original. Since the final price is 60, the original price satisfies 1.20 × original = 60. Solve by dividing: original = 60 ÷ 1.20 = 50. Check: 20% of 50 is 10, and 50 + 10 = 60, so it fits. If the original were 60, the new price would be 72; if it were 40, the new price would be 48; if it were 30, the new price would be 36. Only 50 gives 60 after a 20% increase.

Understanding percent increases means the new price is 1.20 times the original. Since the final price is 60, the original price satisfies 1.20 × original = 60. Solve by dividing: original = 60 ÷ 1.20 = 50. Check: 20% of 50 is 10, and 50 + 10 = 60, so it fits. If the original were 60, the new price would be 72; if it were 40, the new price would be 48; if it were 30, the new price would be 36. Only 50 gives 60 after a 20% increase.

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