The cost price of a jumpsuit is 20% less than that of the windbreaker. A profit of 10% is made when the windbreaker is sold for $22. What is the cost price of the jumpsuit?
|
Jumpsuit |
Windbreaker |
Cost price |
80% |
100% |
Profit |
|
+ 10% |
Selling price |
|
110% |
Cost price of the windbreaker in percentage = 100%
Cost price of the jumpsuit in percentage
= 100% - 20%
= 80%
Selling price of the windbreaker in percentage
= 100% + 10%
= 110%
110% → 22
1% → 22 ÷ 110 = 0.20
80% → 80 x 0.20 = 16
Cost price of the jumpsuit = $16
Answer(s): $16