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Mrs. Merson is selling her car. Her research shows that the car has a current value of $5,500, which is 55% of the amount Mrs. Merson paid for the car. A buyer wants to know the price Mrs. Merson paid for the car. How much did Mrs. Merson pay for the car?

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Answer:10,000

Step-by-step explanation:

We know that the current value of the car is $5,500, which is 55% of the original price Mrs. Merson paid for the car.

We can set up the equation: 5500=0.55×Original Price

To find the original price, we can rearrange the equation to: Original Price=0.55/5500​

Calculating the above expression gives us the original price Mrs. Merson paid for the car. Let’s calculate it:

Original Price=0.55/5500​=$10,000

So, Mrs. Merson originally paid $10,000 for the car.

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