The marked price of a skirt was $182. After a 10% discount, the shopkeeper still makes a $39 profit.
- What is the cost price of the skirt?
- What is the profit in percentage?
(a)
Percentage of the price of the skirt after 10% discount
= 100% - 10%
= 90%
Price of the skirt at 10% discount
= 90% x 182
=
90100 x 182
= $163.80
Cost price of the skirt
= 163.80 - 39
= $124.80
(b)
Profit in percentage
=
39124.80 x 100%
= 31.25%
Answer(s): (a) $124.80; (b) 31.25%