Risa made a profit of 40% from the sale of a blouse and a profit of 70% from the sale of a coat. The total profit she made from the two items was $87. She later sold a similar blouse at a discount of 20% off the advertised price. Her total profit for the three items then increased to $94.20.
- Find the profit made on the coat.
- How much did she sell the coat for?
|
Blouse 1 |
Coat 1 |
Blouse 2 |
Cost Price |
5 u |
10 p |
5 u |
Profit |
+ 2 u |
+ 7 p |
+ 2 u |
Selling Price |
7 u |
17 p |
7 u |
Discount |
|
|
- 1.4 u |
Discounted Price |
|
|
5.6 u |
100% + 40% = 140%
140% =
140100 =
75100% + 70% = 170%
170% =
170100 =
1710(a)
Selling price of the blouse
= 100% of the price of the blouse + 40% of the price of the blouse
= 5 u + 2 u
= 7 u
Selling price of the coat
= 100% of the price of the coat + 70% of the price of the coat
= 10 p + 7 p
= 17 p
Price of the second blouse after 20% discount in percentage
= 100% - 20%
= 80%
Price of the second blouse after 20% discount in units
= 80% x 7 u
=
80100 x 7 u
= 5.6 u
Profit made for the second blouse in units
= 5.6 u - 5 u
= 0.6 u
0.6 u = 94.2 - 87 = 7.2
1 u = 7.2 ÷ 0.6 = 12
2 u + 7 p = 87
2 x 12 + 7 p = 87
24 + 7 p = 87
7 p
= 87 - 24
= $63
Profit made on the coat = $63
(b)
1 p = 63 ÷ 7 = 9
Selling price of the coat
= 17 p
= 17 x 9
= $153
Answer(s): (a) $63; (b) $153