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Please help. I tried and failed miserably T.T

Please help. I tried and failed miserably T.T-example-1
User Inian
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1 Answer

3 votes

Answer: percentage of profit on the skirt is 11.1%

Step by step:

Let G denote price of gloves, and S the price of skirt, and let g dente the original cost of the gloves and s the cost of skirt. I will be using $ for the currency unit instead of the pound.

The sale equation is

$48 = G + S

100% profit on the gloves means:

G = 2 * g = 2 * $4

On the skirt, the profit is unknown ("x"):

S = x + s

We know that the total profit (total sale - total cost) after the sale is is 20%:

$48 - (s + $4) = 0.2 * (s + $4)

which finally gives us two equations with two unknowns:

$48 - (s + $4) = 0.2 * (s + $4)

$48 = 2 * $4 + x + s

which is straight-forward to solve. I got solutions as follows:

s = $36, x = $4

so the percentage of profit on the skirt is 100% * 4/36 = 11.1%


User Jacquie
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