The cost price of a blouse is 20% less than that of the skirt. A profit of 10% is made when the skirt is sold for $33. What is the cost price of the blouse?
| |
Blouse |
Skirt |
| Cost price |
80% |
100% |
| Profit |
|
+ 10% |
| Selling price |
|
110% |
Cost price of the skirt in percentage = 100%
Cost price of the blouse in percentage
= 100% - 20%
= 80%
Selling price of the skirt in percentage
= 100% + 10%
= 110%
110% → 33
1% → 33 ÷ 110 = 0.30
80% → 80 x 0.30 = 24
Cost price of the blouse = $24
Answer(s): $24
