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?
Choose the correct option:
A) 3750 B) 3600 C) 7400 D) 7500 E) none of these

Rationale: "explanation : cost price = 1200 / ( 0.16 + 0.16 ) = 1200 / 0.32 = rs . 3750 answer a"
Answer: A