The marked price of a jumpsuit was $115. After a 35% discount, the shopkeeper still makes a $46 profit.
- What is the cost price of the jumpsuit?
- What is the profit in percentage?
(a)
Percentage of the price of the jumpsuit after 35% discount
= 100% - 35%
= 65%
Price of the jumpsuit at 35% discount
= 65% x 115
=
65100 x 115
= $74.75
Cost price of the jumpsuit
= 74.75 - 46
= $28.75
(b)
Profit in percentage
=
4628.75 x 100%
= 160%
Answer(s): (a) $28.75; (b) 160%