400 chickooes were bought at ₹1260 per hundred and were sold at a profit of ₹860. Find the selling price (in ₹) per dozen of chickooes.
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Correct answer: A
Explanation
The correct answer is Option 1 i.e. 177.
400 chickooes bought at ₹1260 per 100 → Cost price = (1260 × 4) = ₹5040
Profit = ₹860
Total selling price = 5040 + 860 = ₹5900
Selling price per chickoo = 5900 ÷ 400 = ₹14.75
Selling price per dozen = 14.75 × 12 = ₹177