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At the end of the year, cars made in the current year are marked down to make room for next year's models. One particular model has a sale price of $41,705\$41,705, which is 5%5\% less than it sold for when it was new. What was the original price of the vehicle?\newline$\$____

Full solution

Q. At the end of the year, cars made in the current year are marked down to make room for next year's models. One particular model has a sale price of $41,705\$41,705, which is 5%5\% less than it sold for when it was new. What was the original price of the vehicle?\newline$\$____
  1. Set xx as original price: Step 11: Let xx be the original price of the car.\newlineReasoning: The sale price is 5%5\% less than the original price.\newlineCalculation: Sale price = x0.05x=0.95xx - 0.05x = 0.95x\newlineMath error check:
  2. Equation with sale price: Step 22: Set up the equation using the given sale price.\newlineReasoning: We know the sale price is $41,705\$41,705.\newlineCalculation: 0.95x=41,7050.95x = 41,705\newlineMath error check:
  3. Solve for original price: Step 33: Solve for xx, the original price.\newlineReasoning: Divide both sides of the equation by 0.950.95 to isolate xx.\newlineCalculation: x=41,7050.95x = \frac{41,705}{0.95}\newlineMath error check: