400 pears were bought at ₹1200 per hundred and were sold at a profit of ₹1000. Find the selling price (in ₹) per dozen of pears.
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Correct answer: C
Explanation
The correct answer is option 3 i.e. 174.
Cost Price of 400 pears = (₹1200 per 100) × 4 = ₹4800
Profit = ₹1000
So, Selling Price = 4800 + 1000 = ₹5800
Total pears = 400 ⇒ Total dozens = 400 ÷ 12 = 33.33 dozen
Selling price per dozen = 5800 ÷ 33.33 = ₹174 (approx)