The marked price of a dress was $189. After a 25% discount, the shopkeeper still makes a $48 profit.
- What is the cost price of the dress?
- What is the profit in percentage?
(a)
Percentage of the price of the dress after 25% discount
= 100% - 25%
= 75%
Price of the dress at 25% discount
= 75% x 189
=
75100 x 189
= $141.75
Cost price of the dress
= 141.75 - 48
= $93.75
(b)
Profit in percentage
=
4893.75 x 100%
= 51.2%
Answer(s): (a) $93.75; (b) 51.2%