Question
If Fred sells a hi-fi system at a markup price of 10% above its usual selling price, he will make a profit of $200. If he sells it at a discount of 15% of its usual selling price, he will incur a loss of $100. Find the selling price of the hi-fi system.
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If Fred sells a hi-fi system at a markup price of 10% above its usual selling price, he will make a profit of $200. If he sells it at a discount of 15% of its usual selling price, he will incur a loss of $100. Find the selling price of the hi-fi system.