A dealer buys 50 chairs for Rs. 50,000, but 20 of them are damaged. He decides to sell each of the damaged chairs at \(\frac{3}{4}\)the price of the normal one. What should this normal price be in order that he can make a profit of 35% in the entire transaction?

1
Rs. 6,750
2
Rs. 5,000
3
Rs. 1,125
4
Rs. 1,500

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