Teaching Gujarat SET Paper 1 Mock Test Quantitative Aptitude Profit and Loss

By selling a mobile for Rs. 1,536, Amit lost 20%. What percent shall he gain or loose by selling it for Rs. 2,000?

1
A loss of 8.25%
2
A profit of 8.25%
3
A loss of 4.17%
4
A profit of 4.17%
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