A party for a group of 50 people was organized on their own expenses. 48 of them paid ₹950 each, while the other two paid ₹1200 more than the average expenditure of the group. The total expenses incurred was:
Answer & explanation
Correct answer: option 4
Let average of expenses group of 50 people = A
According to question ,
50A = 48 × 950 + 2 ( 1200 + A )
50A = 45600 + 2400 + 2A
48A = 48000
A = 1000
So , Total expense = 50 × 1000 = 50000