The cost price of a windbreaker is 20% less than that of the skirt. A profit of 10% is made when the skirt is sold for $44. What is the cost price of the windbreaker?
|
Windbreaker |
Skirt |
Cost price |
80% |
100% |
Profit |
|
+ 10% |
Selling price |
|
110% |
Cost price of the skirt in percentage = 100%
Cost price of the windbreaker in percentage
= 100% - 20%
= 80%
Selling price of the skirt in percentage
= 100% + 10%
= 110%
110% → 44
1% → 44 ÷ 110 = 0.40
80% → 80 x 0.40 = 32
Cost price of the windbreaker = $32
Answer(s): $32