Fanny made a profit of 50% from the sale of a sweater and a profit of 80% from the sale of a skirt. The total profit she made from the two items was $43. She later sold a similar sweater at a discount of 30% off the advertised price. Her total profit for the three items then increased to $44.50.
- Find the profit made on the skirt.
- How much did she sell the skirt for?
|
Sweater 1 |
Skirt 1 |
Sweater 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 |
|
|
- 0.9 u |
Discounted Price |
|
|
2.1 u |
100% + 50% = 150%
150% =
150100 =
32100% + 80% = 180%
180% =
180100 =
95(a)
Selling price of the sweater
= 100% of the price of the sweater + 50% of the price of the sweater
= 2 u + 1 u
= 3 u
Selling price of the skirt
= 100% of the price of the skirt + 80% of the price of the skirt
= 5 p + 4 p
= 9 p
Price of the second sweater after 30% discount in percentage
= 100% - 30%
= 70%
Price of the second sweater after 30% discount in units
= 70% x 3 u
=
70100 x 3 u
= 2.1 u
Profit made for the second sweater in units
= 2.1 u - 2 u
= 0.1 u
0.1 u = 44.5 - 43 = 1.5
1 u = 1.5 ÷ 0.1 = 15
1 u + 4 p = 43
1 x 15 + 4 p = 43
15 + 4 p = 43
4 p
= 43 - 15
= $28
Profit made on the skirt = $28
(b)
1 p = 28 ÷ 4 = 7
Selling price of the skirt
= 9 p
= 9 x 7
= $63
Answer(s): (a) $28; (b) $63