Question

Chris went to a clothing store's end-of-season sale where everything was on sale for off. He found a jacket priced at $120.00.

Chris went to the register expecting to pay less than $120.00 for the jacket, but when he got there Chris learned that the price on the tag was the discounted price. The cashier told Chris that the tag already reflected a savings of off of the original price.

The original price of the jacket before the sale was $
. The price Chris expected to pay for the jacket was $
. If Chris paid the price he expected, it would have been a savings of $
off of the original price.

Answer 1

Likely percent = 25%.

Original price = 120 / (1 − 0.25) = 120 / 0.75 = $160.00.
Price Chris expected = 120 × (1 − 0.25) = 120 × 0.75 = $90.00.
If he had paid $90, the savings off the original = 160 − 90 = $70.00.