Arun purchased 100 oranges from a wholesale dealer at Rs. 440 to sell in the open market. But some of the oranges were rotten due to which he was able to sell only 90 oranges and obtained an overall profit which was equal to the selling price of 2 oranges. What is the profit % realized by Arun ?

1
3.12%
2
2.63% 
3
4.5% 
4
2.27%

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