Mohit lost $18 \%$ by selling a bicycle for $Rs.\, 1230$. What percent shall he gain or loss by selling it for $Rs.\, 1600 ?$

  • A

    $6 \frac{2}{3} \%$ loss

  • B

    $4 \%$ gain

  • C

    $6 \frac{2}{3} \%$ gain

  • D

    None of these

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