The average price of 50 mobiles in an electronic shop is Rs.15,000. After the highest and lowest priced…
The total price of the original mobiles is 50 × 15,000 = Rs. 7,50,000, while the remaining mobiles total 48 × 14,500 = Rs. 6,96,000. The two sold mobiles therefore cost Rs.…
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The average price of 50 mobiles in an electronic shop is Rs.15,000. After the highest and lowest priced mobiles are sold out, the remaining 48 mobiles average cost becomes 14,500. The cost of lowest mobile is Rs. 8,000. The cost of highest priced mobile (in Rs. ) is
Answer and explanation
Correct answer B
The total price of the original mobiles is 50 × 15,000 = Rs. 7,50,000, while the remaining mobiles total 48 × 14,500 = Rs. 6,96,000. The two sold mobiles therefore cost Rs. 54,000 together, so the highest-priced mobile costs 54,000 − 8,000 = Rs. 46,000.
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