Quantitative Aptitude Profit and Loss Dishonest Dealings

A dishonest dealer sells his goods at 20% loss on the cost price but uses a faulty weight that weighs 25% less. His profit or loss percentage (rounded off to 2 decimal places) is:

1
6.67%, profit
2
3.33%, profit
3
3.33%, loss
4
6.67%, loss

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