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Question P6 Working backwards

Today’s problem — free all day, every step. Every day has one.

Wedding cake — sold at a profit

A baker sold a wedding cake at a 15% profit for $115. What was the cost price of the cake?

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Answer

The cost price was $100.

About this method

Working backwards

You know how it ended. Undo each step, last one first.

In this one. A profit percentage is always taken of the cost price, so the cost price is the 100% — the selling price is 115%, and $115 must be matched to 115% before you step down to 1% and back up to 100%.

What you are toldonly the endleft$12Undo the spendingput the $18 backbefore12 + 18 = 30Undo the givinghalf had gone to Helenat first30 doubled = 60

Also uses: Units and parts

How to spot it

The question gives the final amount after a sequence of changes and asks what the amount was 'at first' or 'to begin with'.

Common mistake

Children undo the steps in the same order they happened rather than in reverse, or forget that a percentage profit is added to the cost price, so the final price is 120% of it, not 100%.

Practise a similar question

Standard An antique dealer sold a vase at a 12% profit for $448. What was the cost price of the vase?
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