A man bought 20 cows in rs.200000. If the average costs of 12 cows is rs.12500, what will be the average cost of remaining cows?
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GIVEN :
A man bought 20 cows in Rs. 200000. If the average cost of 12 cows is Rs.12500, what will be the average cost of remaining cows.
TO FIND :
The average cost of remaining cows.
SOLUTION :
Given that a man bought 20 cows in Rs. 200000. And the average cost of 12 cows is Rs.12500
Let m be the total number of cows
⇒ m = 20
Let a be the cost of 1 cow
⇒ a = 10000
Let b be the cost of 12 cows
For n = 12 cows the cost b= 12500
If the average of m observations is 'a' and the average of n observations taken out of is 'b', then
By using the formula
=6250
Average cost of remaining 8 cows =Rs. 6250
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