First of all i would like to rate this problem as 700+. This question can be a very good DS candidate. Now coming back to the solution part
Price (in cents) of 4 types of peanuts 54, 72, 120, 144
Ratio of Price of 4 types of peanuts 9 : 12 : 20 : 24 parts
Ratio is taken in order to reduce complexity
Average Price of mixture = 96 cents
Average Price of mixture = 16 parts (because we have reduced the individual prices by 6 times)
The only way to solve this problem is to PLUG the options available
As we know Sum of (Respective Quantity x Respective Price) = Total Price = Average price x Total Quantity
Option 1
Ratio of quantity mixed - 8a:4a:4a:7a
Total quantity = 23a parts (8+4+4+7)
(8a.9 + 4a.12 + 4a.20 + 7a.24) = 16.23a
368a = 368a
LHS = RHS
Thus option 1
satisfy the condition
Option 2
Ratio of quantity mixed - 24a:12a:12a:50a or 12a:6a:6a:25a
Total quantity = 49a parts
(12a.9 + 6a.12 + 6a.20 + 25a.24) = 16.49a
900a = 784a
LHS is not equal to RHS
Thus option 2
does not satisfy the condition
Option 3
Ratio of quantity mixed - 4a:8a:7a:4a
Total quantity = 23a parts
(4a.9 + 8a.12 + 7a.20 + 4a.24) = 16.23a
368a = 368a
LHS = RHS
Thus option 3
satisfy the condition
As we are asked a unique case, a problem can't have two solutions. Thus answer is it Cannot be uniquely determined
Answer E