The marked price of a jumpsuit was $106. After a 25% discount, the shopkeeper still makes a $42 profit.
- What is the cost price of the jumpsuit?
- What is the profit in percentage?
(a)
Percentage of the price of the jumpsuit after 25% discount
= 100% - 25%
= 75%
Price of the jumpsuit at 25% discount
= 75% x 106
=
75100 x 106
= $79.50
Cost price of the jumpsuit
= 79.50 - 42
= $37.50
(b)
Profit in percentage
=
4237.50 x 100%
= 112%
Answer(s): (a) $37.50; (b) 112%