A profit of 9% was made by selling investment stocks for $2500. what was the original price?

Question

what model would u use to solve the problem

Answer 1

My kid in 7th grade is learning this part of math.

P*1.09 = 2500

where P is the purchase amount.

P=2293.58

Answer 2

$2293.58

Answer 3

I would just set up a couple of equations.

Profit = 9% of $2500  or                  P = .09(2500)

Original Price = $2500 - Profit or   OP = 2500 - P

Solve the first equation for P and then the second for OP or use substitution like this:

OP = 2500 - [0.09(2500)]

OP = 2500 - (225)

OP = 2225

Answer 4

$2,500 / 1.09