Question
If Tim sells a necklace at a discount of 30% of the usual price, he will make a profit of $248. If he sells it at a discount of 40%, he will still make a profit of $48. Find the cost price of the necklace.
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If Tim sells a necklace at a discount of 30% of the usual price, he will make a profit of $248. If he sells it at a discount of 40%, he will still make a profit of $48. Find the cost price of the necklace.