Emily made a profit of 40% from the sale of a jumpsuit and a profit of 80% from the sale of a jacket. The total profit she made from the two items was $62. She later sold a similar jumpsuit at a discount of 25% off the advertised price. Her total profit for the three items then increased to $63.75.
- Find the profit made on the jacket.
- How much did she sell the jacket for?
|
Jumpsuit 1 |
Jacket 1 |
Jumpsuit 2 |
Cost Price |
5 u |
5 p |
5 u |
Profit |
+ 2 u |
+ 4 p |
+ 2 u |
Selling Price |
7 u |
9 p |
7 u |
Discount |
|
|
- 1.75 u |
Discounted Price |
|
|
5.25 u |
100% + 40% = 140%
140% =
140100 =
75100% + 80% = 180%
180% =
180100 =
95(a)
Selling price of the jumpsuit
= 100% of the price of the jumpsuit + 40% of the price of the jumpsuit
= 5 u + 2 u
= 7 u
Selling price of the jacket
= 100% of the price of the jacket + 80% of the price of the jacket
= 5 p + 4 p
= 9 p
Price of the second jumpsuit after 25% discount in percentage
= 100% - 25%
= 75%
Price of the second jumpsuit after 25% discount in units
= 75% x 7 u
=
75100 x 7 u
= 5.25 u
Profit made for the second jumpsuit in units
= 5.25 u - 5 u
= 0.25 u
0.25 u = 63.75 - 62 = 1.75
1 u = 1.75 ÷ 0.25 = 7
2 u + 4 p = 62
2 x 7 + 4 p = 62
14 + 4 p = 62
4 p
= 62 - 14
= $48
Profit made on the jacket = $48
(b)
1 p = 48 ÷ 4 = 12
Selling price of the jacket
= 9 p
= 9 x 12
= $108
Answer(s): (a) $48; (b) $108