Quantitative Aptitude Profit and Loss Discount and MP

An article when sold for Rs. 1770 fetches 18% profit. If 18 such articles are sold for Rs. 1600 each, then the profit or loss is

1
\(6\frac{2}{3}\% \) profit
2
\(8\frac{1}{3}\% \) profit
3
\(6\frac{2}{3}\% \) loss
4
\(8\frac{1}{3}\% \) loss

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