The marked price of a blouse was $495. After a 10% discount, the shopkeeper still makes a $33 profit.
- What is the cost price of the blouse?
- What is the profit in percentage?
(a)
Percentage of the price of the blouse after 10% discount
= 100% - 10%
= 90%
Price of the blouse at 10% discount
= 90% x 495
=
90100 x 495
= $445.50
Cost price of the blouse
= 445.50 - 33
= $412.50
(b)
Profit in percentage
=
33412.50 x 100%
= 8%
Answer(s): (a) $412.50; (b) 8%