a man purchases milk for three consecutive years.in the first year,he purchases milk at the rate of rs 7.50 per litre,in the second year,at the rate of rs8.00 per litre and in the third year at rs 8.50 per litre.if he purchases milk worth rs 4080 each year,the average price of the milk per litre for the three years is how much..?
Answers
Answer:
Rs 7.98 per Litre
Step-by-step explanation:
a man purchases milk for three consecutive years.in the first year,he purchases milk at the rate of rs 7.50 per litre,in the second year,at the rate of rs8.00 per litre and in the third year at rs 8.50 per litre.if he purchases milk worth rs 4080 each year,the average price of the milk per litre for the three years is how much..?
Mild Purchased for Rs 4080 per year
First Year Price = Rs 7.5 Per Litre
Milk Purchased in First Year = 4080/7.5 = 544 Litre
Second Year Price = Rs 8 Per Litre
Milk Purchased in Second Year = 4080/8 = 510 Litre
Third Year Price = Rs 8.5 Per Litre
Milk Purchased in Third Year = 4080/8.5 = 480 Litre
Total Milk purchased in 3 Years = 544 + 510 + 480 = 1534 Litre
Total Price paid in three Years = 3 * 4080 = Rs 12240
Average Price of Milk = 12240/1534 = Rs 7.98 per Litre