A company sold a bike worth Rs. 40000 to a dealer at a profit of 5%. The dealer sold it to a customer at a profit of 12%. After few years, the customer sold the bike back to the dealer at 25% loss. If the dealer sold the old bike to a new customer at 5% profit, at what price did the new customer bought the bike ?

1
Rs. 37044
2
Rs. 35028
3
Rs. 34106
4
Rs. 36660

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