Question:
The cost price of 10 tables is equal to the sale price of 5 tables. The profit per cent in this transaction is _____
Solution:
100%
Explanation: Say, the cost price of one table is Rs.1
Cost price of 10 tables = Sale price of 5 tables (Given)
Sale price of 5 tables profit = cost price of 5 tables = Rs. 5
Profit percentage = Profit/CP × 100
= 5/5 × 100 = 100%