In a group of 135 people, 50% of them are Rs. 40 contribution, 30% Rs. 50 contribution, the remaining persons Rs. 80 per co-op group. Find the average contribution.
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total people=135
since 50% of them are Rs. 40 contribution means
so amount contributed by these 50%=(135/2)×40=Rs.2700
since 30% of them are Rs. 50 contribution means
so amount contributed by these=. (30/100)×(135)×50=Rs.2025
and remaining 20% are with Rs.80 contribution
so amount contributed by these=
(20/100)×135×80 =Rs.2160
so total amount contributed=2700+2025+2160=Rs.6885
average contribution=Rs.6885/135=Rs51
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