A silver shop owner claims that he is selling silver at ₹65/g when cost price is ₹70/g, but he is giving 900 mg instead of 1 g. The percentage of profit or loss of the shop owner (correct to 2 decimal places) is:

1
Profit 3.17%
2
Loss 3.27%
3
Loss 3.12%
4
Profit 3.07%

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