At a certain store, employees may buy clothing at a 20% discount from the original price, but must pay a 6% sales tax. If the final cost of a sweater purchased by an employee is $55.12 what is the original price of the sweater, before the discount and tax? Explain please

1 answer

Po - 0.20Po + 0.06Po = $55.12, 0.86Po = 55.12, Po = $64.09 = Original price.