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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
The cost price of 10 tables is equal to the sale price of 5 tables. The profit per cent in this transaction is 100%.
Explanation:
Let the cost price of 1 table be Rs. 1.
The cost price of 10 tables = Sale price of 5 tables profit
Sale price of 5 tables profit = Cost price of 5 tables = Rs. 5
Profit percentage = `"Profit"/"CP" xx 100`
= `5/5 xx 100`
= 100%
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