Question: Sonic Boom obtained a surround sound system for $ 2 4 0 0 less 3 0 % and 1 5 % . The store s

Sonic Boom obtained a surround sound system for $2400 less 30% and 15%. The stores pricing
is based on overhead expenses of 40% of cost. The regular price of the surround sound system
is set so that, if it is sold in a 20% off sale, the stores operating profit will be 25% of cost,
a.What is the regular price?
b.In a Midnight Madness Special, the system was sold at a 1/3 off special price. What was theprofit or loss at the special price

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