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Algebra Problem???



Wheel鈥檚 Bicycle shop advertised a bicycle for 15% off for a savings of $36. The bicycle did not sell so it was offered at a new 20% discount off the sale price.

(1) What did the bicycle sell for regularly?
(2) What is the amount of the new discount?

(1)
0.15x = 36
x = $240

(2)
0.80 ($240 - $36) =
0.80 ($204) =
$163.20
1) 15% of the initial price was taken off, which resulted in a savings of $36. So 15% of the original price is $36. If "P" is the original price then this means 0.15*P = 36. Solve this for P.

2) They want the value of the discount (not the new price, but how much is now taken off). Take the value of P from step #1, and find 0.20*P
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