Question

S.P. of 4 cycles is same as C.P. of 7 cycles. Find gain or loss percent​

Answer 1

Answer:

75 % Profit

Step-by-step explanation:

Let say Cost price of a cycle = 4C

then cost price of 7 Cycles  = 7 * 4C = 28C

Selling price of 4 cycles = cost price of 7 cycles

=> Selling price of 4 cycles = 28C

=> Selling price of 1 cycle = 28C/4 = 7C

Profit = SP - CP = 7C - 4C  = 3C

Profit % = (3C/4C) * 100 = 75 %