Question

the average daily price of share of acompany from monfay to friday was rs. 130 .if the highest and lowest price during the week were rs.200 and rs. 100
find the average daily price when the highest and lowest price are not included.​

Answer 1

Answer:

uppose, P is the price amount of a day.

Since monday to friday makes it 5days.

The total price of 5 days is 130×(P1+P2+P3+P4+P5) = 650

Now, The highest price of those 5 days= 200

The lowest price of those 5 days= 100

Of the highest and lowest price are not included, then,

650-300= 350

Now, if we suppose, x= average daily price

Then,

x= (350/3)rs.

 = 116.67 rs.