The marked price of a windbreaker was $142. After a 25% discount, the shopkeeper still makes a $44 profit.
- What is the cost price of the windbreaker?
- What is the profit in percentage?
(a)
Percentage of the price of the windbreaker after 25% discount
= 100% - 25%
= 75%
Price of the windbreaker at 25% discount
= 75% x 142
=
75100 x 142
= $106.50
Cost price of the windbreaker
= 106.50 - 44
= $62.50
(b)
Profit in percentage
=
4462.50 x 100%
= 70.4%
Answer(s): (a) $62.50; (b) 70.4%