Multiple choice

If the price of a certain chocolate is increased by 60 percent to $16.00, what was the price of the chocolate before the increase?

  1. $10.00
  2. $9.60
  3. $8.40
  4. $7.20
  5. $5.60
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A Correct answer
Explanation

Let the original price be x. An increase of 60% means the new price is 1.60x. Setting 1.60x = 16.00, we find x = 16.00 / 1.60 = 10.00.

AI explanation

Let the original price be P. An increase of 60 percent means the new price is 1.60 multiplied by P. Setting this equal to 16 gives 1.60P = 16, so P equals 16 divided by 1.60, which is 10. The result is $10.00.