A person bought a horse and a car for Rs. 20,000. He sold the horse with 20% profit and sold the car with 10% loss. In this transaction, he earned 2% profit. Then the purchase cost of the horse is

1
Rs. 7,200
2
Rs. 7,500
3
Rs. 8,000
4
More than one of the above
5
None of the above

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