B) 4200
D) 4500
C) 3950
Let the marked price of a cycle be X.
Then, the raised price = X + 5% of X= X + 5X/100 = 21X/20
Sales tax = 12% of X = 12/100 X = 3/25 X
Therefore, the price payable = 21X/20 + 3X/25 = 105X + 12X/100 = 117X/100
According to the problem we get, 117X/100 = 4680
X = 4680 × 100/117
= 4000
Therefore, the marked price of the cycle is 4000.
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