Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Quantitative Reasoning

Topic

Data Interpretation & Stats

Question:

The table given below shows the cost price and selling price of four articles.

Articles Cost Price Selling Price
P 300 250
Q 400 375
R 350 250
S 500 350

 What is the average value of loss of article ?

Options:

60.75

95.55

81.25

72.24

Correct Answer:

81.25

Explanation:

Total loss = (300-250) + (400-375) + (350-250) + (500-350)

= 50 + 25 + 100 + 150

= 325

Average of loss of article = \(\frac{325}{4}\)

= 81.25