Rahul bought 120 tables for ₹56,500. I

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Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Rahul bought 120 tables for ₹56,500. If the average price of 70 of those tables is ₹450, then what is the average price of the remaining 50 tables?

Options:

₹500

₹550

₹460

₹480

Correct Answer:

₹500

Explanation:

CP of 120 = ₹56,500

Average price of 70 tables = 450

Total price of 70 = 70 × 450 = 31500

Average price of remaining tables = \(\frac{(56500 - 31500) }{50}\) = 500