An article is marked $40\%$ above the cost price. If a discount of $x\%$ is given on the marked price of the article, then a final profit of $12\%$ is obtained. Now if the C.P. of a new article is $\text{Rs. }2,400$ and $x\%$ profit is desired, then what should be the selling price of that new article?

1. A
   $\text{Rs. }3,480$
2. B
   $\text{Rs. }2,400$
3. C
   $\text{Rs. }2,480$
4. D
   $\text{Rs. }2,880$