The price of a stove is increased to R3 499,95. If this price has been increased by 12,9% from the original price,
what was the original price? Round your answer to the nearest R100).



Answer :

To determine the original price of the stove before the increase, follow these steps:

1. Understand the Problem:
- The final price after the increase is [tex]\( R3,499.95 \)[/tex].
- The price has been increased by [tex]\( 12.9\% \)[/tex].
- We need to find the original price before this increase and then round it to the nearest R100.

2. Define the Relationships:
- Let the original price be [tex]\( P \)[/tex].
- The final price is after a [tex]\( 12.9\% \)[/tex] increase on the original price.
- The final price can be expressed as:
[tex]\[ \text{Final Price} = \text{Original Price} + \text{Increase} \][/tex]
- The increase itself is [tex]\( 12.9\% \)[/tex] of the original price:
[tex]\[ \text{Increase} = 0.129 \times P \][/tex]
- Therefore, the final price formula becomes:
[tex]\[ 3499.95 = P + 0.129 \times P \][/tex]

3. Create an Equation:
- Combine the terms involving [tex]\( P \)[/tex]:
[tex]\[ 3499.95 = P (1 + 0.129) \][/tex]
- Simplify the equation:
[tex]\[ 3499.95 = P (1.129) \][/tex]

4. Solve for [tex]\( P \)[/tex]:
- Isolate [tex]\( P \)[/tex] by dividing both sides by [tex]\( 1.129 \)[/tex]:
[tex]\[ P = \frac{3499.95}{1.129} \][/tex]

5. Calculate the Original Price:
- Perform the division:
[tex]\[ P \approx 3099.95 \][/tex]

6. Round to the Nearest R100:
- The nearest R100 to 3099.95 is [tex]\( R3,100 \)[/tex].

Therefore, the original price of the stove, rounded to the nearest R100, was [tex]\( R3,100 \)[/tex].