Of all the articles manufactured by a company, 5% are defective. If the manufacturing cost of 100 articles is Rs. 1900, what should be the market price of the article so that the company gets 40% profit, even if it gives the articles to the distributor for 30% less price than the market price?

A. Rs. 40

B. Rs. 22

C. Rs. 28

D. Rs. 34

E.  Rs. 24

Rs. 40

Total manufacturing cost = 1900

Profit = 40% of 1900

=190 *4=760

Total selling price to the distributer= 1900+760 = 2660

2660= $\frac{70}{100}$* market price

market price= $\frac{26600}{7}$

market price of 1 article= $\frac{26600}{7*95}$

= 40 Rs.