The marked price of a jumpsuit was $290. After a 25% discount, the shopkeeper still makes a $30 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 290
=
75100 x 290
= $217.50
Cost price of the jumpsuit
= 217.50 - 30
= $187.50
(b)
Profit in percentage
=
30187.50 x 100%
= 16%
Answer(s): (a) $187.50; (b) 16%