Quantitative Aptitude Profit and Loss Successive Selling

The owner of a cell phone shop charges his customer 23% more than the cost price. If a customer paid Rs. 8733 for the cell phone, then what was the cost price of the cell phone?

1

Rs. 7800

2

Rs. 7100

3

Rs. 6900

4

Rs. 6850

5

None of these

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