The following table shows the shares traded on Mumbai, Rajasthan. Uttar Pradesh and Uttarkhand stock exchanges:
| Mumbai | Uttarakhand | Rajasthan | Uttar Pradesh | |||||
| Name of the company | High | Low | High | Low | High | Low | High | Low |
| Aata tea | 540 | 395 | 450 | 4255 | 320 | 510 | 440 | 310 |
| Kolgate | 34 | 57 | 60 | 42 | 25 | 60 | 20 | 70 |
| Jmbuja cement | 150 | 155 | 120 | 125 | 160 | 135 | 145 | 170 |
The average of the high rates of the shares in all the four stock exchanges for Kolgate is:
Answer & explanation
Correct answer: option 1
Total high rates in all the four stocks for kolgate = 34 + 60 + 25 + 20 = 139
Average of high rates in all the four stocks for kolgate = \(\frac{139}{4}\)
= Rs.34.75