The marked price of a jacket was $185. After a 35% discount, the shopkeeper still makes a $39 profit.
- What is the cost price of the jacket?
- What is the profit in percentage?
(a)
Percentage of the price of the jacket after 35% discount
= 100% - 35%
= 65%
Price of the jacket at 35% discount
= 65% x 185
=
65100 x 185
= $120.25
Cost price of the jacket
= 120.25 - 39
= $81.25
(b)
Profit in percentage
=
3981.25 x 100%
= 48%
Answer(s): (a) $81.25; (b) 48%