A shopkeeper, sold cashew nuts at the rate Rs 1,260 a kg and bears a loss of 8%. Now if he decides to sell it at Rs 1,386 per kg, what will be the result?

A shopkeeper, sold cashew nuts at the rate Rs 1,260 a kg and bears a loss of 8%. Now if he decides to sell it at Rs 1,386 per kg, what will be the result?
1). 1.2 percent gain
2). 2.4 percent gain
3). 1.2 percent loss
4). 2.4 percent loss

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