A shopkeeper marks his goods $20\%$ above the cost price. He gives a $10\%$ discount for cash payment and an additional $5\%$ discount to regular customers. What is his total profit or loss percentage?

Options:

  • A: $2\%$ profit
  • B: $2.6\%$ loss
  • C: $2.6\%$ profit
  • D: $4\%$ profit

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