Cindy made a profit of 60% from the sale of a blazer and a profit of 70% from the sale of a blouse. The total profit she made from the two items was $153. She later sold a similar blazer at a discount of 30% off the advertised price. Her total profit for the three items then increased to $158.40.
- Find the profit made on the blouse.
- How much did she sell the blouse for?
|
Blazer 1 |
Blouse 1 |
Blazer 2 |
Cost Price |
5 u |
10 p |
5 u |
Profit |
+ 3 u |
+ 7 p |
+ 3 u |
Selling Price |
8 u |
17 p |
8 u |
Discount |
|
|
- 2.4 u |
Discounted Price |
|
|
5.6 u |
100% + 60% = 160%
160% =
160100 =
85100% + 70% = 170%
170% =
170100 =
1710(a)
Selling price of the blazer
= 100% of the price of the blazer + 60% of the price of the blazer
= 5 u + 3 u
= 8 u
Selling price of the blouse
= 100% of the price of the blouse + 70% of the price of the blouse
= 10 p + 7 p
= 17 p
Price of the second blazer after 30% discount in percentage
= 100% - 30%
= 70%
Price of the second blazer after 30% discount in units
= 70% x 8 u
=
70100 x 8 u
= 5.6 u
Profit made for the second blazer in units
= 5.6 u - 5 u
= 0.6 u
0.6 u = 158.4 - 153 = 5.4
1 u = 5.4 ÷ 0.6 = 9
3 u + 7 p = 153
3 x 9 + 7 p = 153
27 + 7 p = 153
7 p
= 153 - 27
= $126
Profit made on the blouse = $126
(b)
1 p = 126 ÷ 7 = 18
Selling price of the blouse
= 17 p
= 17 x 18
= $306
Answer(s): (a) $126; (b) $306