Question
If Charlie sells a hi-fi system at a markup price of 20% above its usual selling price, he will make a profit of $490. If he sells it at a discount of 35% of its usual selling price, he will incur a loss of $170. Find the selling price of the hi-fi system.
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If Charlie sells a hi-fi system at a markup price of 20% above its usual selling price, he will make a profit of $490. If he sells it at a discount of 35% of its usual selling price, he will incur a loss of $170. Find the selling price of the hi-fi system.