Question
If Owen sells a mobile phone at a markup price of 20% above its usual selling price, he will make a profit of $440. If he sells it at a discount of 15% of its usual selling price, he will incur a loss of $120. Find the selling price of the mobile phone.
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If Owen sells a mobile phone at a markup price of 20% above its usual selling price, he will make a profit of $440. If he sells it at a discount of 15% of its usual selling price, he will incur a loss of $120. Find the selling price of the mobile phone.