Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A shopkeeper sells an article for ₹19000 after allowing 16% discount and still manages to gain 32% profit. If he sold the article at 9% discount, then what will be his profit percent?

Options:

16.66%

33.33%

40%

43%

Correct Answer:

43%

Explanation:

                    CP                    MRP

              (100 - 16)           (100 + 32)

                    84                    132

                                              ↓ -9%

                                           120.12

               Profit % = \(\frac{(120.12 - 84)}{84}\) × 100

                           = \(\frac{36.12}{84}\) × 100 = 43%