The cost price of a skirt is 40% less than that of the dress. A profit of 30% is made when the dress is sold for $39. What is the cost price of the skirt?
|
Skirt |
Dress |
Cost price |
60% |
100% |
Profit |
|
+ 30% |
Selling price |
|
130% |
Cost price of the dress in percentage = 100%
Cost price of the skirt in percentage
= 100% - 40%
= 60%
Selling price of the dress in percentage
= 100% + 30%
= 130%
130% → 39
1% → 39 ÷ 130 = 0.30
60% → 60 x 0.30 = 18
Cost price of the skirt = $18
Answer(s): $18