An online store increased the price of a shirt by 17% and charged $3 to ship the shirt to a customer. The customer paid $43 for the shirt. What was the original price of the shirt? Please explain thoroughly how to get the answer.

Check explanation

Step-by-step explanation:

Let

x = original price

Percentage increase in price = 17%

New price = original price + Percentage increase in price

= x + 17% of x

= x + 0.17 * x

= x + 0.17x

= 1.17x

Shipping cost = $3

Total cost = $43

Total cost = New price + Shipping cost

43 = 1.17x + 3

43 - 3 = 1.17x

40 = 1.17x

x = 40 / 1.17

x = $34.188034188034

Approximately,

x = $34.2

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