Given Loss =25%=1∕4 Let, cost price =4x, loss =1x and selling price =4x−1x=3x Given, selling price of an item = Rs. 1200 ⇒3x=1200 ⇒x=400 Cost price =4x=4×400= Rs. 1600 For profit of 30%, selling price =1600×130∕100 ⇒ Selling price = Rs. 2080 ∴ The correct answer is Rs.2080.