Question

The total cost of manufacturing 100 mobiles is Rs 5,50,000. What is the average cost?​

Answer 1

Answer:

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Answer 2

Answer:

Average cost = ₹ 5,500

Step-by-step explanation:

Question:

The total cost of manufacturing 100 mobiles is Rs 5,50,000. What is the average cost?

To find?

Average cost?

Given:

Sum of observation = ₹ 5,50,000 /-

No. of Observation = 100

Formula:

Average cost = Sum of Observation / No. of Observation

Solution:

⇒Average cost = 5,50,000 / 100

⇒₹ 5,500

⇒ Average cost = ₹ 5,500