Answer: Option 'B' is correct.
Explanation:
Since we have given that
Cost of each pen = $0.75
Cost of each pencil = $0.25
Let the number of pen is bought be 'x'.
Let the number of pencil is bought be 'y'.
According to question, our inequality becomes

If we consider the first option :
A) 300 pens and 900 pencils:

B) 200 pens and 300 pencils

C) 300 pens and 200 pencils

D) 100 pens and 200 pencils

Since options 'B' and 'D' are both correct but as we can see that from option 'B' we get sum of 500 pen and pencils whereas from option 'D' , we get sum of 300 pens and pencils.
So, Option 'B' is correct.