Short Answer
Sonic Boom obtained a stereo system for $2400 less 30% and 15%. The system was originally priced so that, when sold in a "20% off" sale, the store's overhead and operating profit represent 25% and 15%, respectively, of the sale price. In a Midnight Madness Special, the system was sold at a " off" special price.
a) What was the original "regular price"?
b) What was the profit or loss at the special price?
Correct Answer:

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a) $2945.2...View Answer
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Correct Answer:
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