Explanation:
Let's denote the original price as "X." We are given that the sofa is being sold for 407, which is 74% of the original price.
We can set up the equation:
0.74 * X = 407
Now, solve for X:
X = 407 / 0.74
X ≈ 549.32
The original price of the sofa is approximately 549.32 units.