Lelt's Discuss A wristwatch was sold for Php 2500.00 with a \( 20 \% \) discount. What was the original price of the wristwatch? Solution: \( D R=20 \%, \mathrm{SP}=2,500, \mathrm{OP}= \) ?
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To find the original price (OP) of the wristwatch, you can use the formula for the selling price after applying a discount: \( SP = OP - (D \times OP) \). In this case, the discount rate (D) is 20% or 0.20 in decimal form. Rearranging the formula gives us \( OP = \frac{SP}{1 - D} \). Plugging in the values: \( OP = \frac{2500}{1 - 0.20} = \frac{2500}{0.80} = 3125 \). So, the original price of the wristwatch was Php 3,125.00. Always double-check your calculations when dealing with percentages! It's easy to mix up the decimal points. A common mistake is forgetting to convert the percentage into a decimal form, which can throw off the entire calculation. When calculating discounts, ensure you're working with the correct values, and don’t hesitate to use a calculator for accuracy!