A shopkeeper bought 95 dozen oranges at Rs. 4.50 each. 7 dozen oranges were rotten and so were discarded. He sold the remaining oranges at Rs. 78 per dozen. What is his profit or loss percent (to the nearest integer)?

1
Loss, 45%
2
Loss, 34%
3
Profit, 34%
4
Profit, 45%

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