Let x = speed of plane in calm air
x + 300 = rate with the jet stream
x - 300 = rate against the jet stream
Distance = (Rate)(Time), so Time = (Distance)/(Rate)
Time with jet stream = Time against jet stream
3600/(x+300) = 1200/(x-300)
Cross multiply to get 3600(x-300) = 1200(x+300)
Divide by 1200: 3(x-300) = x+300
3x - 900 = x + 300
2x = 1200
x = 600 mph