The cost price of a windbreaker is 40% less than that of the coat. A profit of 10% is made when the coat is sold for $66. What is the cost price of the windbreaker?
|
Windbreaker |
Coat |
Cost price |
60% |
100% |
Profit |
|
+ 10% |
Selling price |
|
110% |
Cost price of the coat in percentage = 100%
Cost price of the windbreaker in percentage
= 100% - 40%
= 60%
Selling price of the coat in percentage
= 100% + 10%
= 110%
110% → 66
1% → 66 ÷ 110 = 0.60
60% → 60 x 0.60 = 36
Cost price of the windbreaker = $36
Answer(s): $36