The cost price of a coat is 10% less than that of the jumpsuit. A profit of 30% is made when the jumpsuit is sold for $39. What is the cost price of the coat?
|
Coat |
Jumpsuit |
Cost price |
90% |
100% |
Profit |
|
+ 30% |
Selling price |
|
130% |
Cost price of the jumpsuit in percentage = 100%
Cost price of the coat in percentage
= 100% - 10%
= 90%
Selling price of the jumpsuit in percentage
= 100% + 30%
= 130%
130% → 39
1% → 39 ÷ 130 = 0.30
90% → 90 x 0.30 = 27
Cost price of the coat = $27
Answer(s): $27