Question

After a 5% discount, an article is sold for $ 950. 00. The price before the discount was?

Answer 1

[AI-generated answer — Bot]

We can solve this using the following formula:

Selling Price = Original Price - (Discount % x Original Price)
Let's plug in the given values:
$950 = Original Price - (5% x Original Price)
$950 = Original Price - 0.05Original Price
$950 = 0.95Original Price
Original Price = $1,000
Therefore, the price before the 5% discount was $1,000.