Question

The CP of 10 motorcycles is equal to the SP of a motorcycle. What is the percentage of profit .

Answer 1

cost price of 10 motorcycles is equal to the selling price of a motor cycle

let the cost price be x

cost of 10 cycles. = 10×x = 10x = selling price

cost price + cost price× profit percentage = selling price

x + x × profit percentage =10x

x × profit percentage = 10x - x

x × Profit percentage = 9x

profit percentage = 9x/x = 9

profit percentage = 9 × 100 = 900 %