An article when sold for Rs.1770 fetches 18% profit. If 18 such articles are sold for Rs.1600 each, then the profit or loss is
(1) 6 2/3% profit
(2) 8 1/3% profit
(3) 6 2/3% loss
(4) 8 1/3% loss
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the answer is the 3 one
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