AFCAT II 23 Aug 2025 Shift 2 Paper

Profit or Loss Percentage =[(SP−CP)∕CP]×100
Calculation:
We have,
⇒ Cost Price (CP) of 20 apples =₹400
⇒ Selling Price (SP) of 1 dozen (12) apples =₹264
⇒ Selling Price (SP) of 1 apple =₹264∕12=₹22
⇒ Selling Price (SP) of 20 apples =₹22×20=₹440
⇒ Profit =SP−CP=₹440−₹400=₹40
⇒ Profit Percentage =( Profit ∕ CP )×100
⇒ Profit Percentage =( ₹ 40∕ ₹ 400)×100
⇒ Profit Percentage =10%