Vijay sells a cupboard at 12% below cost price. Had he got Rs.1650 more, he would have made a profit of 12%. What is the cost price of the cupboard?
Select the correct option
A) 7450	B) 14900	C) 7400	D) 6875	E) none of these

Rationale: "explanation : cost price = 1650 / ( 0.12 + 0.12 ) = 2086 / 0.24 = rs . 6875 answer d"
Answer: D