A shopkeeper keeps the marked price of his goods 50% more than the cost price. If he gives successive discounts of 5%, 10% and 20% on marked price, then what is his profit percentage?

1
2\(\frac{3}{5}\)%
2
1\(\frac{3}{5}\)%
3
1\(\frac{2}{5}\)%
4
2\(\frac{1}{5}\)%

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