Calculate Market Price of Cello with Profit and Discount

Math Problem Statement

the market price of a cello is 35% higher than its cost.The cello is sold at a discount of 20% of its market price and the profit is $360.Find the market price of the cello.

Solution

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Math Problem Analysis

Mathematical Concepts

Profit and Loss
Percentages

Formulas

Theorems

Suitable Grade Level

High School

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