The cost price of a windbreaker is 30% less than that of the blazer. A profit of 10% is made when the blazer is sold for $44. What is the cost price of the windbreaker?
|
Windbreaker |
Blazer |
Cost price |
70% |
100% |
Profit |
|
+ 10% |
Selling price |
|
110% |
Cost price of the blazer in percentage = 100%
Cost price of the windbreaker in percentage
= 100% - 30%
= 70%
Selling price of the blazer in percentage
= 100% + 10%
= 110%
110% → 44
1% → 44 ÷ 110 = 0.40
70% → 70 x 0.40 = 28
Cost price of the windbreaker = $28
Answer(s): $28