A person makes a profit of 17% after allowing 10% discount on its marked price. If he gives 14% discount on the marked price, then his profit percent is:
Let marked price = Rs. $$100x$$
=> Selling price after 10% discount = Rs. $$90x$$
Profit % = 17%, => Cost price = $$\frac{90x}{117}\times100=Rs.$$ $$\frac{1000x}{13}$$
Now, if discount = 14%, => Selling price = Rs. $$86x$$
$$\therefore$$ Profit % = $$\frac{86x-\frac{1000x}{13}}{\frac{1000x}{13}}\times100$$
= $$\frac{118}{10}=11.8\%$$
=> Ans - (A)
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