Hilda made a profit of 40% from the sale of a windbreaker and a profit of 80% from the sale of a vest. The total profit she made from the two items was $80. She later sold a similar windbreaker at a discount of 10% off the advertised price. Her total profit for the three items then increased to $100.80.
- Find the profit made on the vest.
- How much did she sell the vest for?
|
Windbreaker 1 |
Vest 1 |
Windbreaker 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 |
|
|
- 0.7 u |
Discounted Price |
|
|
6.3 u |
100% + 40% = 140%
140% =
140100 =
75100% + 80% = 180%
180% =
180100 =
95(a)
Selling price of the windbreaker
= 100% of the price of the windbreaker + 40% of the price of the windbreaker
= 5 u + 2 u
= 7 u
Selling price of the vest
= 100% of the price of the vest + 80% of the price of the vest
= 5 p + 4 p
= 9 p
Price of the second windbreaker after 10% discount in percentage
= 100% - 10%
= 90%
Price of the second windbreaker after 10% discount in units
= 90% x 7 u
=
90100 x 7 u
= 6.3 u
Profit made for the second windbreaker in units
= 6.3 u - 5 u
= 1.3 u
1.3 u = 100.8 - 80 = 20.8
1 u = 20.8 ÷ 1.3 = 16
2 u + 4 p = 80
2 x 16 + 4 p = 80
32 + 4 p = 80
4 p
= 80 - 32
= $48
Profit made on the vest = $48
(b)
1 p = 48 ÷ 4 = 12
Selling price of the vest
= 9 p
= 9 x 12
= $108
Answer(s): (a) $48; (b) $108