The marked price of a shirt was $181. After a 25% discount, the shopkeeper still makes a $42 profit.
- What is the cost price of the shirt?
- What is the profit in percentage?
(a)
Percentage of the price of the shirt after 25% discount
= 100% - 25%
= 75%
Price of the shirt at 25% discount
= 75% x 181
=
75100 x 181
= $135.75
Cost price of the shirt
= 135.75 - 42
= $93.75
(b)
Profit in percentage
=
4293.75 x 100%
= 44.8%
Answer(s): (a) $93.75; (b) 44.8%