You have that the price of a purse is $325 with a 16.25% markup.
In order to determine what was the original price of the purse, you consider that the original price minus 16.25% of the unknown original price x is equal to 325.
Consider that the 16.25% of a quantity is simply the multiplication of (16.25/100) for such a quanity.
Then, you have:
x - (16.25/100)x = 325 "original price minus 16.25% of the original price"
calculate the quotient left side:
x - 0.1625x = 325
simplify like terms left side:
0.8375x = 325
divide by 0.8375 both sides:
x = 325/0.8375
x = 388.05
Hence, the original price of the purse was $388.05
