Yoko made a profit of 40% from the sale of a coat and a profit of 60% from the sale of a blouse. The total profit she made from the two items was $89. She later sold a similar coat at a discount of 20% off the advertised price. Her total profit for the three items then increased to $98.60.
- Find the profit made on the blouse.
- How much did she sell the blouse for?
|
Coat 1 |
Blouse 1 |
Coat 2 |
Cost Price |
5 u |
5 p |
5 u |
Profit |
+ 2 u |
+ 3 p |
+ 2 u |
Selling Price |
7 u |
8 p |
7 u |
Discount |
|
|
- 1.4 u |
Discounted Price |
|
|
5.6 u |
100% + 40% = 140%
140% =
140100 =
75100% + 60% = 160%
160% =
160100 =
85(a)
Selling price of the coat
= 100% of the price of the coat + 40% of the price of the coat
= 5 u + 2 u
= 7 u
Selling price of the blouse
= 100% of the price of the blouse + 60% of the price of the blouse
= 5 p + 3 p
= 8 p
Price of the second coat after 20% discount in percentage
= 100% - 20%
= 80%
Price of the second coat after 20% discount in units
= 80% x 7 u
=
80100 x 7 u
= 5.6 u
Profit made for the second coat in units
= 5.6 u - 5 u
= 0.6 u
0.6 u = 98.6 - 89 = 9.6
1 u = 9.6 ÷ 0.6 = 16
2 u + 3 p = 89
2 x 16 + 3 p = 89
32 + 3 p = 89
3 p
= 89 - 32
= $57
Profit made on the blouse = $57
(b)
1 p = 57 ÷ 3 = 19
Selling price of the blouse
= 8 p
= 8 x 19
= $152
Answer(s): (a) $57; (b) $152