Answer:
Step-by-step explanation:
So it costs 1400 to make. 20% profit means he makes 1400*1.2 = 1680.
It also tells us he can deduct 4% of what it is actually marked to get to 1680. So we want something that fits the equation x - x * .04 = 1680. So let's solve for x.
x - .04x = 1680 Start by combining like terms
.96x = 1680 Then divide both sides by .96
x = 1750
Always good to double check. subtracting 4% from 1750 is 1750*.96 = 1680
Then we already showed that a 20% profit from 1400 is also 1680
