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    Question

    If the boutique decides to offer a discount of 15% on

    Designer Dresses during a promotional sale and they sell 80 units at this new price, Calculate the profit from this sale if the cost price remains unchanged. Direction: A small business, Trendy Boutique , specializes in three types of clothing items: Designer Dresses , Casual Wear , and Formal Suits . Over the past six months, the boutique has recorded sales data as follows: Designer Dresses: Cost Price (CP): тВ╣1,500, Selling Price (SP): тВ╣2,200 Casual Wear: Cost Price (CP): тВ╣800, Selling Price (SP): тВ╣1,200 Formal Suits: Cost Price (CP): тВ╣2,500, Selling Price (SP): тВ╣3,500 The total units sold over six months for each clothing item are as follows: Designer Dresses: 300 units Casual Wear: 600 units Formal Suits: 200 units During this period, the boutique encountered some fluctuations in sales due to seasonal demand, which affected the profit margins for each product category.
    A тВ╣29,600 Correct Answer Incorrect Answer
    B тВ╣28,600 Correct Answer Incorrect Answer
    C тВ╣30,000 Correct Answer Incorrect Answer
    D тВ╣25,600 Correct Answer Incorrect Answer
    E тВ╣27,000 Correct Answer Incorrect Answer

    Solution

    New Selling Price for Designer Dresses = 2,200 - (15% of 2,200) = 2,200 - 330 = тВ╣1,870 Total Revenue from selling 80 units = 80 ├Ч 1,870 = тВ╣149,600 Cost Price for 80 units = 80 ├Ч 1,500 = тВ╣120,000 Profit from this sale = Total Revenue - Total Cost = 149,600 - 120,000 = тВ╣29,600

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