A grocer purchased a quantity of bananas at 3 pounds for $0.50 and sold the entire quantity at 4 pounds for $1.00. How many pounds did the grocer purchase if the profit from selling the bananas was $8.00? Choose the correct choice from the following options:
A) 40  B) 60  C) 96  D) 120  E) 240

Rationale: "cost price of 1 pound of bananas = 0.5 / 3 = 1 / 6 selling price of 1 pound of bananas = 1 / 4 profit per pound = ( 1 / 4 - 1 / 6 ) = ( 1 / 12 ) total profit is given as 8 ( 1 / 12 ) * x = 8 x = 96 answer : c"
Answer: C