A jeweler marks a necklace at 30% above its cost price. She gives a cash discount of ₹150 on the marked price. If the necklace is sold for ₹1800 and she earns a profit of 20%, what is the cost price of the necklace?

1. A.1600
2. B.1450
3. C.1500✓ Correct
4. D.1200

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