Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Business Arithmetic

Question:

A table is given below. The table shows, the number of people who took their coffee and total billing for each of the 5 weeks. On the basis of this table give answers for the question given below. (Q-4).

Week        No of Guests     Total Billed Amount   
1 250 13000
2 300 15900
3 600 32600
4 450 23000
5 260 8500

What is the Unit Price for the Restaurant?

Options:

50

51

52

53

Correct Answer:

50

Explanation:

In this question we have to find weighted average. Weighted average is the Unit Price for the Restaurant

Week        No of Guests                
Total Billed Amount
1 250 13000
2 300 15900
3 600 32600
4 450 23000
5 260 8500
Total 1860 93000
Weighted Average (Total Billed Amount/Total Guests) 50