The marked price of a windbreaker was $246. After a 30% discount, the shopkeeper still makes a $41 profit.
- What is the cost price of the windbreaker?
- What is the profit in percentage?
(a)
Percentage of the price of the windbreaker after 30% discount
= 100% - 30%
= 70%
Price of the windbreaker at 30% discount
= 70% x 246
=
70100 x 246
= $172.20
Cost price of the windbreaker
= 172.20 - 41
= $131.20
(b)
Profit in percentage
=
41131.20 x 100%
= 31.25%
Answer(s): (a) $131.20; (b) 31.25%