Question 40
The cost price of 10 tables is equal to the sale price of 5 tables. The profit per cent in this transaction is
Let the cost price of 1 table be Rs 1.
The cost price of 10 tables = Sale price of 5 tables
Profit = Cost price of 5 tables =Rs 5
∴ Profit percentage =ProfitCP×100=55×100=100%