Answer: 2000
Use your currency of choice
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Work Shown:
profit percentage = (profit/cost)*100%
10% = (200/c)*100%
(10%)/(100%) = 200/c
1/10 = 200/c
1*c = 10*200 ... cross multiply
c = 2000 is the cost price (of whatever currency you prefer)
Notice that 10% of 2000 is 200. We chop off a 0 at the end when taking 10%. Add on a zero when going in reverse.
200 is 10% of 2000
In other words, the profit (200) is 10% of the cost price (2000).
