Question

A man purchased a book for an amount equal to the simple interest earned on Rs. 6000 lent to a friend for 2 years at an interest rate of 4% per annum. If the book is sold at a profit of 20% after a discount of 10%, what is the marked price of the book?

A Rs. 720
B Rs. 640
C Rs. 680
D Rs. 960
E None of these
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