A loss of 12.5% is incurred when an article is sold for ₹630. What is the profit or loss percentage if the article is sold for ₹840?

A

Profit of $$16\frac{2}{3}$$

B

Loss of $$11\frac{2}{3}$$

C

Loss of $$6\frac{1}{3}$$

D

Profit of $$21\frac{1}{3}$$