Question

A man bought 27 horses at Rs.280 each,9 horses at RS.320 each and 6 horses at Rs 360 each.find the average price per horse?

Answer 1

A man bought:

a)27 horses at ₹280 each

Total=₹280×27=₹7560

b)9 horses at ₹320 each

Total=₹320×9=₹2880

c)6 horses at ₹360 each

Total=₹360×6=₹2160

So,

Total no of horses the man has=42

Total cost of 42 horses=₹(7560+2880+2160)

=₹12600

Therefore average price of each horse=

$\frac{sum \: of \: observations}{total \: no \: of \: observation}$

$= ₹ \frac{12600}{42} \\ = ₹300$

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Answer 2

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