Victoria made a profit of 50% from the sale of a vest and a profit of 80% from the sale of a windbreaker. The total profit she made from the two items was $58. She later sold a similar vest at a discount of 10% off the advertised price. Her total profit for the three items then increased to $70.60.
- Find the profit made on the windbreaker.
- How much did she sell the windbreaker for?
|
Vest 1 |
Windbreaker 1 |
Vest 2 |
Cost Price |
2 u |
5 p |
2 u |
Profit |
+ 1 u |
+ 4 p |
+ 1 u |
Selling Price |
3 u |
9 p |
3 u |
Discount |
|
|
- 0.3 u |
Discounted Price |
|
|
2.7 u |
100% + 50% = 150%
150% =
150100 =
32100% + 80% = 180%
180% =
180100 =
95(a)
Selling price of the vest
= 100% of the price of the vest + 50% of the price of the vest
= 2 u + 1 u
= 3 u
Selling price of the windbreaker
= 100% of the price of the windbreaker + 80% of the price of the windbreaker
= 5 p + 4 p
= 9 p
Price of the second vest after 10% discount in percentage
= 100% - 10%
= 90%
Price of the second vest after 10% discount in units
= 90% x 3 u
=
90100 x 3 u
= 2.7 u
Profit made for the second vest in units
= 2.7 u - 2 u
= 0.7 u
0.7 u = 70.6 - 58 = 12.6
1 u = 12.6 ÷ 0.7 = 18
1 u + 4 p = 58
1 x 18 + 4 p = 58
18 + 4 p = 58
4 p
= 58 - 18
= $40
Profit made on the windbreaker = $40
(b)
1 p = 40 ÷ 4 = 10
Selling price of the windbreaker
= 9 p
= 9 x 10
= $90
Answer(s): (a) $40; (b) $90