What per cent of selling price would be 34% of cost price

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What per cent of selling price would be 34% of cost price if gross profit is 26% of the selling price ?

1. 17.16
2. 74.00
3. 25.16
4. 88.40

Correct Option: C

Let the selling price of the article = Rs. 100
∴ Profit = Rs. 26
∴ Cost price of the article = 100 - 26 = Rs. 74
∴ Required % = (34 x 74)/100 = 25.16%