Andrew won a cash prize on a game show. Andrew paid taxes of 29% on the original cash prize and had $28,000 remaining. How much was the original cash prize?

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(1) Answers

pami

36,120 was the original cash prize
let's put this in an equation ->
[latex] \frac{29}{100} [/latex] = [latex] \frac{28,000}{y} [/latex]
a clever way to figure out y, which here would be the original cash prize, is as follows:
28,000 ÷ 100 = 280
280 × 29 = 8120 (this is the tax he paid)
now, add the tax to what he recieved -> 28000 + 8120 = 36120