Quantitative Aptitude Profit and Loss

A seller decreased the selling price of each item from ₹5,000 to Rs. 4,680, by which his loss percentage increased by 4%. If he has to get 4% profit, then the selling price of the item should be:

1

Rs. 7,800

2

Rs. 7,280

3

Rs. 8,320

4

Rs. 8,840

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