A reduction of 40% in the price of bananas would enable a man to obtain 65 more for Rs.40, what is reduced price per dozen?	Choose the correct choice from the following options
A) 1.95 B) 2.95 C) 4.95 D) 3.95 E) 5.95
40*(40/100)= 
<gadget id="calculator">40*(40/100)</gadget>
<output>16</output>
16 --- 65   ? --- 12=&gt; Rs.2.95   Answer: 2.95
<result>B</result>
A reduction of 40% in the price of bananas would enable a man to obtain 65 more for Rs.40, what is reduced price per dozen?