The marked price of a dress was $276. After a 30% discount, the shopkeeper still makes a $46 profit.
- What is the cost price of the dress?
- What is the profit in percentage?
(a)
Percentage of the price of the dress after 30% discount
= 100% - 30%
= 70%
Price of the dress at 30% discount
= 70% x 276
=
70100 x 276
= $193.20
Cost price of the dress
= 193.20 - 46
= $147.20
(b)
Profit in percentage
=
46147.20 x 100%
= 31.25%
Answer(s): (a) $147.20; (b) 31.25%