A manufacturer of dining-room sets produces two styles: early American and contemporary. From past experience, management has
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Question:
A manufacturer of dining-room sets produces two styles: early American and contemporary. From past experience, management has determined that 20% more of the early American styles can be sold than the contemporary styles. A profit of $250 is made on each early American set sold, whereas a profit of $350 is made on each contemporary set. If, in the forthcoming year, management desires a total profit of $130,000, how many units of each style must be sold?
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