Quantitative Aptitude Profit and Loss Simple Profit and Loss

The selling price of 28 items is equal to the cost price of 17 items. What is the percentage of profit or loss?

1
\(39{2 \over7}\)% loss
2
\(39{2 \over7}\)% profit
3
\(33{2 \over7}\)% profit
4
\(33{2 \over7}\)% loss

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