the average daily price of shares of company from monday to friday was 130 rupees.if highest and lowest price during the week were rupees 200 and 100 rupees,find out average daily price when highest and lowest price are not included
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Answer:
116.67 Rs.
Explanation:
Average daily price of shares for 5 days (Monday to Friday) = 130 Rs.
Total sum of the price of the shares from Monday to Friday = 130 × 5 = 650 Rs.
Removing the price of the shares of lowest and highest shares we get the total price of the shares for 3 days
= 650 - 200 - 100
= 350
Average = 350/3 = 116.67 Rs.
Hope the answer is helpful to you.
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