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?
Answer & explanation
Correct answer: option 4
CP MRP
(100 - 16) (100 + 32)
84 132
↓ -9%
120.12
Profit % = \(\frac{(120.12 - 84)}{84}\) × 100
= \(\frac{36.12}{84}\) × 100 = 43%