Answer:
Original price = $60
Step-by-step explanation:
Given:
Sales price of shoes = $45
Discount rate = 25%
Find:
Original price
Computation:
Original price = Sales price of shoes[1/(1-Discount rate)]
Original price = 45[1/(1-25%)]
Original price = 45[1/(1-0.25)]
Original price = 45[1/(0.75)]
Original price = $60
