The cost price of a blouse is 40% less than that of the coat. A profit of 10% is made when the coat is sold for $44. What is the cost price of the blouse?
| |
Blouse |
Coat |
| Cost price |
60% |
100% |
| Profit |
|
+ 10% |
| Selling price |
|
110% |
Cost price of the coat in percentage = 100%
Cost price of the blouse in percentage
= 100% - 40%
= 60%
Selling price of the coat in percentage
= 100% + 10%
= 110%
110% → 44
1% → 44 ÷ 110 = 0.40
60% → 60 x 0.40 = 24
Cost price of the blouse = $24
Answer(s): $24
