AFCAT II 2015 Solved Paper

Profit (P) = Selling price (S) – Cost price (C)P = S-C ...(1)
According to question –
3P = 2S – C ...(2)
Subtracting eq (1) from eq (2)
2 P = S
Putting S in eq (1)
P = 2 P – C ⇒ C = P ....(3)
profit % = {(Selling price Cost price)}/{Cost price} × 100
=(‌‌

S−C

C

)×100=‌‌

(2P−P)

P

×100=100%