Correct option is B
Given:
1. The average cost of 16 items = ₹59.
2. Four items with an average price of ₹60 are returned.
3. Three other items with individual costs of ₹39, ₹49, and ₹40 are also returned.
4. Find the new average.
Formula Used:
1. Total cost of items:
2. Total cost of the items returned:
Total cost of returned items = 4 \times 60 + (39 + 49 + 40)
3. New total cost:
New total cost = Original total cost - Total cost of returned items
4. New number of items:
New number of items = Original number of items - Number of returned items
5. New average:
New average =
Solution:
1. Calculate the original total cost:
Original total cost = 59 16 = 944
2. Calculate the total cost of returned items:
Total cost of returned items =
3. Calculate the new total cost:
New total cost = 944 - 368 = 576
4. Calculate the new number of items:
New number of items = 16 - (4 + 3) = 9
5. Calculate the new average:
New average =
Final Answer:
The new average is ₹64.