Molly bought a pair of gloves and a skirt. the gloves cost £4. she sold teh gloves and the skirt for a total of £48. she made 100% profit on the cost of the gloves. 20% profit on the total cost. work out the percentage profit on the cost of the skirt

Given : Molly bought a pair of Gloves which cost £4

Given : Molly sold the Gloves and Skirt for a Total of £48

Given : Molly made 100% Profit on the Cost of the Gloves

⇒ Molly sold the Gloves at a Cost of £8

Selling Price of Gloves + Selling Price of Skirt = £48

⇒ £8 + Selling Price of Skirt = £48

⇒ Selling Price of Skirt = £40

Given : Molly made 20% Profit on the Total Cost

Profit Percentage on the Cost of the Skirt :

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