From the information given 40% represents the savings and is 1, 164 dollars
Therefore 100% represents the full retail price.
We first find out what 1% represents.
40% = 1,164
1% = x (where x is the amount in dollars equivalent to 1%)
We then simplify the equation
x × 40% = 1,164 × 1%
40 x = 1,164
x = 1,164 / 40 → x = 29.1
So 1% is equivalent to 29.1 dollars. How about 100%?
100% will be 100 × 29.1 = 2,910
Therefore the full retail price is $ 2,910
