The marked price of a skirt was $156. After a 35% discount, the shopkeeper still makes a $39 profit.
- What is the cost price of the skirt?
- What is the profit in percentage?
(a)
Percentage of the price of the skirt after 35% discount
= 100% - 35%
= 65%
Price of the skirt at 35% discount
= 65% x 156
=
65100 x 156
= $101.40
Cost price of the skirt
= 101.40 - 39
= $62.40
(b)
Profit in percentage
=
3962.40 x 100%
= 62.5%
Answer(s): (a) $62.40; (b) 62.5%