Problema Solution
To meet the rising cost of energy the yearly membership at a YMCA had to be increased by 12.5% from the past year. The early membership fee is currently $450 What was the cost of membership last year?
Answer provided by our tutors
450= 100+12.5 = 112.5%
so, 100% = 100*450/112.5 = $400 is the answer.