Hundred oranges are bought at the rate of $Rs.\, 350$ and sold at the rate of $Rs.\, 48$ per dozen. The percentage of profit or loss is 

  • A

    $14 \frac{2}{7} \%$ gain

  • B

    $15 \%$ gain

  • C

    $14 \frac{2}{7} \%$ loss

  • D

    $15 \%$ loss

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