Step-by-step explanation:

let original price be x.

therefore,

x + 5% of x = 569

=> x+ 5x/100= 569

=> (100x+5x)/100 =569

=> 100x+5x=569 x 100

=>> 105x= 56900

=>> x = 56900/105= 541.9

the original cost was 541.9( approx)

Answer:

540.55

Step-by-step explanation:

Current Price= 569

Rate of increase of price = 5%

Original Price= 569- (5/100x 569)= 569-28.45= 540.55