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?	Select the correct option:	A) 1.95	B) 2.95	C) 4.95	D) 3.95	E) 5.95

Rationale: "40 * ( 40 / 100 ) = 16 - - - 65 ? - - - 12 = > rs . 2.95 answer : b"
Answer: B