The marked price of a product is 37.5% more than its cost price. Ajay purchased the same product at 12% discount on the marked price but also paid sales tax of 10% on the discounted price. Ajay then sold it for Rs.7187.4 and thereby earned a profit of 20% on the original cost price. At what price did Ajay buy the product?

1
Rs.4556
2
Rs.4848
3
Rs.5445
4
Rs. 5478

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