Townsend Realty purchased the Glenview Street property and received a 40% discount off the original
price along with an additional 20% off the discounted
price for purchasing the property in cash. Which of
the following best approximates the original price, in
dollars, of the Glenview Street property?
A) $350,000
B) $291,700
C) $233,300
D) $175,000