The average price of three items is Rs.17,500. If their price is in the ratio 2 : 5 : 8 , then the price of the costliest item is?
Answer & explanation
Correct answer: option 1
Total price = 17500 × 3
2R + 5R + 8R = 15R
15R = 17,500 × 3
8R = \(\frac{17500 ×3 × 8}{15}\) = 28,000
The price of the costliest item is Rs. 28,000