A shopkeeper makes a profit of 12% on an article by selling it after allowing a discount of 12%. If he allows a discount of 10% only, then what will be his profit percentage?

1
\(21\frac{9}{11}\)
2
\(12\frac{44}{63}\)
3
\(16\frac{2}{3}\)
4
\(14\frac{6}{11}\)

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