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During 2005 the Price of a Good Increased by 8

question 10

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During 2005 the price of a good increased by 8%. In the sales on January 1st 2006, all items are reduced by 25%. If the sale price of the good is $688.50, find the original price at the beginning of 2005.


Definitions:

Modern-Day

Pertaining to the current period in time, characterized by contemporary cultural, social, technological, or political features.

Auteur(s)

Filmmakers, typically directors, who are considered the author of their movies, with a distinctive, personal style and control over most aspects of the film production.

Silent Film Comedian

A performer specializing in comedy who acted in silent films, a genre prevalent before the advent of synchronized sound for motion pictures.

Hollywood

A district in Los Angeles, California, known as the heart of the American film industry.

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