According to the statement the item has been marked down 20%, write an equation for the sales price letting x be the original price and writing the percentage in decimal form.
[tex]SP=x\cdot(1-0.2)[/tex]if you have the sales price find the value of x
[tex]\begin{gathered} 42=0.8x \\ x=\frac{42}{0.8} \\ x=52.5 \end{gathered}[/tex]the purse had an original value of $52.5