Question

PLEASE help PLEASE ​

Answer 1

I think 100% profit means she got the gloves for free so all her revenue was profit.  That can't be right.  Let's assume 'profit on the cost' means a 100% markup, meaning she sold the gloves for £8.

That means she sold the skirt for £40.

She made 20% profit on the total cost t so

1.2 t = 48

t = 48/1.2 = 40

Since she spent £4 on the gloves that means she spent £36 on the skirt she sold for £40.

So she made  £4 on a cost of £36 for a percentage of 1/9=.11111...

Answer: 11.1%