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400 chickooes were bought at Rs. 1260 per hundred and were sold at a profit of Rs. 860. Find the selling price (in Rs. ) per dozen of chickooes.
Question

400 chickooes were bought at Rs. 1260 per hundred and were sold at a profit of Rs. 860. Find the selling price (in Rs. ) per dozen of chickooes.

A.

167

B.

177

C.

187

D.

192

Correct option is B

Given:
Cost Price of 100 chickooes = Rs. 1260
Total chickooes bought = 400
Profit = Rs. 860
Formula Used:
Total Cost Price=(Number of chickooes100)×Price per 100\text{Total Cost Price} = \left( \frac{\text{Number of chickooes}}{100} \right) \times \text{Price per 100}
Total Selling Price = Total Cost Price + Profit
Selling Price per dozen=(Total Selling PriceTotal number of chickooes)×12\text{Selling Price per dozen} = \left( \frac{\text{Total Selling Price}}{\text{Total number of chickooes}} \right) \times 12
Solution:
Total Cost Price =(400100)×1260=4×1260=5040\left( \frac{400}{100} \right) \times 1260 = 4 \times 1260 = 5040
Total Selling Price = 5040 + 860 = Rs. 5900
Selling Price per dozen =(5900400)×12=14.75×12=Rs.177\left( \frac{5900}{400} \right) \times 12 = 14.75 \times 12 = \text {Rs.}177

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