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A man buys 12 bicycles for Rs.1440.He sells 3 of them for 100 each and 4 of them for Rs.80 each.Find the price for which he sold the rest such that he neither gains,nor loses

$\begin{array}{1 1}(A)\;Rs.150&(B)\;Rs.164\\(C)\;Rs.178&(D)\;Rs.175\end{array}$

Rs.164
Hence (B) is the correct answer.