Vijay sells a cupboard at 16% below cost price. Had he got Rs.1200 more, he would have made a profit of 16%. What is the cost price of the cupboard?  Choices:
A) 3750	B) 3600	C) 7400	D) 7500	E) None of these
Explanation:   Cost price = 1200/(0.16 + 0.16) = 1200/0.32   = Rs.3750   3750NSWER 3750
<result>A</result>
Vijay sells a cupboard at 16% below cost price. Had he got Rs.1200 more, he would have made a profit of 16%. What is the cost price of the cupboard?