Question 981184

A product is marked up 20%. The product doesn't sell, so the store owner then discounts it by 20%. In the end the product sells for $300 dollars less than the original price. What was the original price?

I tried this but I can't seem to get the answer: (1.20x)0.80 = x-300

I really need help. Thank you.
<pre>Original price: {{{highlight_green("$"7500)}}}
You have the correct equation. You just need to solve for x.