After allowing a discount of 15% on the marked price, the selling price is Rs. 6800 for an article. If it was sold at marked price, there would have been a profit of 60%. The cost price of the article is?  Options:
A) Rs.2989  B) Rs.5029  C) Rs.5000  D) Rs.5197  E) Rs.5029
Given SP = Rs. 6800   Marked price = [SP(100)]/(100 - d%) = (6800 * 100)/(100 - 15)   = Rs. 8000   If SP = Rs. 8000, profit   60%   Rs.5000P = [SP(100)]/(100 + 60)   = (8000 * 100)/160   = Rs.5000   Answer: Rs.5000
<result>C</result>
After allowing a discount of 15% on the marked price, the selling price is Rs. 6800 for an article. If it was sold at marked price, there would have been a profit of 60%. The cost price of the article is?