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    400 guavas were bought at Rs. 1240 per hundred and were sold at a profit of Rs. 940. Find the selling price (in Rs. ) per dozen of guavas.
    Question

    400 guavas were bought at Rs. 1240 per hundred and were sold at a profit of Rs. 940. Find the selling price (in Rs. ) per dozen of guavas.

    A.

    167

    B.

    192

    C.

    177

    D.

    187

    Correct option is C

    Given:
    Cost Price of 100 guavas is Rs. 1240.
    Total number of guavas is 400.
    Profit made is Rs. 940.
    Formula Used:
    Total Cost Price=Cost Price per 100 guavas×(Total number of guavas100)\text{Total Cost Price} = \text{Cost Price per 100 guavas} \times \left(\frac{\text{Total number of guavas}}{100}\right)​​
    Selling Price = Total Cost Price + Profit
    Selling Price per Dozen=Total Selling PriceTotal number of guavas12\text{Selling Price per Dozen} = \frac{\text{Total Selling Price}}{\frac{\text{Total number of guavas}}{12}}​​
    Solution:
    Total Cost Price of 4800 guavas = 1240×(400100)=1240×4=49601240 \times \left(\frac{400}{100}\right) = 1240 \times 4 = 4960​​
    Total Selling Price of 4800 guavas = 4960 + 940 = 5900
    Selling Price of 1 guava = 5900400\frac{5900}{400}

    Selling Price per Dozen = 5900400×12=177\frac{5900}{400} \times 12 = 177 ​​
    The selling price per dozen of guavas is Rs. 177

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