Wendy made a profit of 60% from the sale of a windbreaker and a profit of 80% from the sale of a dress. The total profit she made from the two items was $55. She later sold a similar windbreaker at a discount of 30% off the advertised price. Her total profit for the three items then increased to $60.40.
- Find the profit made on the dress.
- How much did she sell the dress for?
|
Windbreaker 1 |
Dress 1 |
Windbreaker 2 |
Cost Price |
5 u |
5 p |
5 u |
Profit |
+ 3 u |
+ 4 p |
+ 3 u |
Selling Price |
8 u |
9 p |
8 u |
Discount |
|
|
- 2.4 u |
Discounted Price |
|
|
5.6 u |
100% + 60% = 160%
160% =
160100 =
85100% + 80% = 180%
180% =
180100 =
95(a)
Selling price of the windbreaker
= 100% of the price of the windbreaker + 60% of the price of the windbreaker
= 5 u + 3 u
= 8 u
Selling price of the dress
= 100% of the price of the dress + 80% of the price of the dress
= 5 p + 4 p
= 9 p
Price of the second windbreaker after 30% discount in percentage
= 100% - 30%
= 70%
Price of the second windbreaker after 30% discount in units
= 70% x 8 u
=
70100 x 8 u
= 5.6 u
Profit made for the second windbreaker in units
= 5.6 u - 5 u
= 0.6 u
0.6 u = 60.4 - 55 = 5.4
1 u = 5.4 ÷ 0.6 = 9
3 u + 4 p = 55
3 x 9 + 4 p = 55
27 + 4 p = 55
4 p
= 55 - 27
= $28
Profit made on the dress = $28
(b)
1 p = 28 ÷ 4 = 7
Selling price of the dress
= 9 p
= 9 x 7
= $63
Answer(s): (a) $28; (b) $63