400 sheets were bought at Rs. 125 per hundred and were sold at a profit of Rs. 100. The selling price per dozen is :
A
Rs. 12
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B
Rs. 15
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C
Rs. 16
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D
Rs. 18
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E
None of these
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Solution
The correct option is D Rs. 18 Total cost price of sheets =4×125=Rs.500 Total selling price =500+100=Rs.600 So, Selling price of 400 sheets =Rs.600 Selling price of 1 sheet =600400 Selling price of 12 sheets =600×12400=Rs.18$.