The price of a mobile phone after a discount is 500 L.E. If the discount is 10\% , What is its price before the discount?
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To find the original price of the mobile phone before the discount, you can use the formula: Original Price = Discounted Price / (1 - Discount Rate). Here, the discounted price is 500 L.E. and the discount rate is 10% (or 0.10). So, Original Price = 500 / (1 - 0.10) = 500 / 0.90 = approximately 555.56 L.E. Understanding discounts is essential in shopping and budgeting. Retailers often use discounts to attract customers, and savvy shoppers can get the best deals by calculating before making a purchase. It’s like being a treasure hunter—snagging the best bargains around!