The ratio of the selling price of item I and II for company A is 4 : 3. Find the profit or loss% made on item II if the ratio of their cost price was 8 : 9. It is known that company A made profit on item I

.

1:

12.25% profit

2:

12.25% loss

3:

16*1/3 profit

4:

16*1/3 loss

5:

None of these

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