A shopkeeper purchased some material for ₹800, of which 40% was sold at a loss of 10%. To obtain a gain of 12%, the percentage profit on the remaining goods must be:

1
\(26 \frac{1}{3} \%\)
2
12%
3
\(26 \frac{2}{3} \%\)
4
\(26 \frac{3}{5} \%\)

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