The marked price of a dress was $126. After a 25% discount, the shopkeeper still makes a $32 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 126
=
75100 x 126
= $94.50
Cost price of the dress
= 94.50 - 32
= $62.50
(b)
Profit in percentage
=
3262.50 x 100%
= 51.2%
Answer(s): (a) $62.50; (b) 51.2%