A shopkeeper labeled the price of his articles so as to earn a profit of 30% on the cost price. He then sold the articles by offering a discount of 10% on the labeled price. What is the actual percent profit earned in the deal? Choose the correct choice:	A) 18%	B) 20%	C) 17%	D) 18%	E) None of these
Explanation:   Let the CP of the article = Rs.100.   Then labeled price = Rs.130.   SP = Rs.130- 10% of 130 = Rs.130-13 = Rs.117.   Gain = Rs.117 – Rs.100 = Rs.17   Therefore, gain/profit percent = 17%.   Answer: Option 17%
<result>C</result>
A shopkeeper labeled the price of his articles so as to earn a profit of 30% on the cost price. He then sold the articles by offering a discount of 10% on the labeled price. What is the actual percent profit earned in the deal?