Question

A sofa is on sale for $364,000
, which is 35%
of the original price. What is the original price?

Answer 1

To find the original price of the sofa, which is on sale for $364,000 and represents 35% of the original price, we can use the following formula:

\[
\text{Original Price} = \frac{\text{Sale Price}}{\text{Percentage}}
\]

In this case:
- Sale Price = $364,000
- Percentage = 35% = 0.35

Plugging in the values:

\[
\text{Original Price} = \frac{364,000}{0.35}
\]

Calculating that:

\[
\text{Original Price} = 1,040,000
\]

Therefore, the original price of the sofa is **$1,040,000**.