A dealer buys an article marked at ₹20000 with two successive discounts of 20% and 5%. He spends ₹1800 on repairs and sells it for ₹20000, what is his profit/loss percent (correct to two decimal places)?

Given, Marked Price = ₹20000

Price after 20% discount$$=\frac{80}{100}\times20000=₹16000$$

Price after 5% discount$$=\frac{95}{100}\times16000=₹15200$$

He spent ₹1800 for its repair

$$\therefore\ $$Cost price = 15200 + 1800 = ₹17000

Selling Price = ₹20000

Profit Percentage$$=\frac{Selling\ \Pr ice\ -Cost\ \Pr ice}{Cost\ \Pr ice}\times100=\frac{20000-17000}{17000}\times100=\frac{3000}{17000}\times100=17.65\%$$

Hence, the correct answer is Option B