Question

At a boutique,an evening gown is marked at a profit of 40% on the cost price. It is sold in a sale at 20% discount.
(a)Find the actual profit as a percentage of the coast price.
(b)If a customer bought it for $448, find the actual profit

Answer 1

sale price= .8(cost*1.40)

profit= sale price-cost price.

b. if sale price=.8(cost*1.40)
then

cost= sale/(.8*1.40)
and profit=sale-sale/(.8cost*1.40)