Pamela made a profit of 60% from the sale of a blazer and a profit of 70% from the sale of a dress. The total profit she made from the two items was $159. She later sold a similar blazer at a discount of 20% off the advertised price. Her total profit for the three items then increased to $184.20.
- Find the profit made on the dress.
- How much did she sell the dress for?
|
Blazer 1 |
Dress 1 |
Blazer 2 |
Cost Price |
5 u |
10 p |
5 u |
Profit |
+ 3 u |
+ 7 p |
+ 3 u |
Selling Price |
8 u |
17 p |
8 u |
Discount |
|
|
- 1.6 u |
Discounted Price |
|
|
6.4 u |
100% + 60% = 160%
160% =
160100 =
85100% + 70% = 170%
170% =
170100 =
1710(a)
Selling price of the blazer
= 100% of the price of the blazer + 60% of the price of the blazer
= 5 u + 3 u
= 8 u
Selling price of the dress
= 100% of the price of the dress + 70% of the price of the dress
= 10 p + 7 p
= 17 p
Price of the second blazer after 20% discount in percentage
= 100% - 20%
= 80%
Price of the second blazer after 20% discount in units
= 80% x 8 u
=
80100 x 8 u
= 6.4 u
Profit made for the second blazer in units
= 6.4 u - 5 u
= 1.4 u
1.4 u = 184.2 - 159 = 25.2
1 u = 25.2 ÷ 1.4 = 18
3 u + 7 p = 159
3 x 18 + 7 p = 159
54 + 7 p = 159
7 p
= 159 - 54
= $105
Profit made on the dress = $105
(b)
1 p = 105 ÷ 7 = 15
Selling price of the dress
= 17 p
= 17 x 15
= $255
Answer(s): (a) $105; (b) $255