The marked price of a jumpsuit was $130. After a 15% discount, the shopkeeper still makes a $48 profit.
- What is the cost price of the jumpsuit?
- What is the profit in percentage?
(a)
Percentage of the price of the jumpsuit after 15% discount
= 100% - 15%
= 85%
Price of the jumpsuit at 15% discount
= 85% x 130
=
85100 x 130
= $110.50
Cost price of the jumpsuit
= 110.50 - 48
= $62.50
(b)
Profit in percentage
=
4862.50 x 100%
= 76.8%
Answer(s): (a) $62.50; (b) 76.8%