The cost price of a jumpsuit is 40% less than that of the blouse. A profit of 10% is made when the blouse is sold for $77. What is the cost price of the jumpsuit?
| |
Jumpsuit |
Blouse |
| Cost price |
60% |
100% |
| Profit |
|
+ 10% |
| Selling price |
|
110% |
Cost price of the blouse in percentage = 100%
Cost price of the jumpsuit in percentage
= 100% - 40%
= 60%
Selling price of the blouse in percentage
= 100% + 10%
= 110%
110% → 77
1% → 77 ÷ 110 = 0.70
60% → 60 x 0.70 = 42
Cost price of the jumpsuit = $42
Answer(s): $42
