engineering recuitment MP Vyapam Sub Engineer Mock Test 2024 Quantitative Aptitude Profit and Loss

An article is sold for Rs.1992 at a loss of 17 percent. If it is sold for Rs. 2760, then what is the profit/loss?

1
15 percent profit
2
12.5 percent loss
3
12.5 percent profit
4
15 percent loss
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