Question
Download Solution PDFA man bought 8 shirts at ₹550 each,10 pants at ₹1,000 each and 12 pairs of shoes at ₹850 each pair. What is the average expenditure per article?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Shirts bought = 8
Price per shirt = ₹550
Pants bought = 10
Price per pant = ₹1,000
Shoes bought = 12
Price per pair of shoes = ₹850
Formula used:
Average expenditure per article = (Total expenditure) ÷ (Total number of articles)
Calculations:
Total expenditure = (8 × ₹550) + (10 × ₹1,000) + (12 × ₹850)
⇒ Total expenditure = ₹4,400 + ₹10,000 + ₹10,200
⇒ Total expenditure = ₹24,600
Total number of articles = 8 + 10 + 12 = 30
Average expenditure per article = ₹24,600 ÷ 30 = ₹820
∴ The correct answer is option (4).
Last updated on Jul 21, 2025
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