The ratio between the marked price and the cost price of an article is 5 : 3. If the selling price of the article is ₹3,024 and the shopkeeper gave two successive discounts of 16% and 20%, then how much is the profit or loss (in ₹)?

1
Profit, ₹324
2
Loss, ₹112
3
Loss, ₹216
4
Profit, ₹225

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