The marked price of a windbreaker was $204. After a 30% discount, the shopkeeper still makes a $34 profit.
- What is the cost price of the windbreaker?
- What is the profit in percentage?
(a)
Percentage of the price of the windbreaker after 30% discount
= 100% - 30%
= 70%
Price of the windbreaker at 30% discount
= 70% x 204
=
70100 x 204
= $142.80
Cost price of the windbreaker
= 142.80 - 34
= $108.80
(b)
Profit in percentage
=
34108.80 x 100%
= 31.25%
Answer(s): (a) $108.80; (b) 31.25%