To solve this problem, we can use algebraic equations. Let's assume the price per 100 apples is x cents.
According to the given information, if the price per 100 apples were 4 cents more, the man would have received 5 fewer apples for $1.20. This can be represented as:
$\frac{120}{x+4} = \frac{100}{x} - 5$
To solve this equation, we can cross multiply:
$120x = 100(x+4) - 5x$
Simplifying the equation:
$120x = 100x + 400 - 5x$
$120x = 95x + 400$
$25x = 400$
$x = 16$
Therefore, the price per 100 apples is 16 cents.
Now, let's go through each option to see which one matches our result:
Option A) The apples cost 96 cents per 100 - This option is incorrect because we found that the price is 16 cents, not 96 cents.
Option B) The apples cost 94 cents per 100 - This option is incorrect because we found that the price is 16 cents, not 94 cents.
Option C) The apples cost 98 cents per 100 - This option is incorrect because we found that the price is 16 cents, not 98 cents.
Option D) None of these - This option is incorrect because we have found that the price per 100 apples is 16 cents.
Therefore, the correct answer is Option A) The apples cost 96 cents per 100.
Note: It's important to double-check the calculations to ensure accuracy.