Quantitative Aptitude Profit and Loss Dishonest Dealings

A dishonest dealer professes to sell his goods at the cost price but uses a false weight of 850 g instead of 1 kg. His gain percent is

1
\(17\frac{{12}}{{17}}\%\)
2
\(17\frac{{11}}{{17}}\%\)
3
\(71\frac{{11}}{{17}}\%\)
4
\(11\frac{{11}}{{17}}\%\)

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