The cost price of a skirt is 40% less than that of the windbreaker. A profit of 20% is made when the windbreaker is sold for $66. What is the cost price of the skirt?
| |
Skirt |
Windbreaker |
| Cost price |
60% |
100% |
| Profit |
|
+ 20% |
| Selling price |
|
120% |
Cost price of the windbreaker in percentage = 100%
Cost price of the skirt in percentage
= 100% - 40%
= 60%
Selling price of the windbreaker in percentage
= 100% + 20%
= 120%
120% → 66
1% → 66 ÷ 120 = 0.55
60% → 60 x 0.55 = 33
Cost price of the skirt = $33
Answer(s): $33
