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    ​The average cost of 16 items is ₹59. Four items with an average price of ₹60 are returned and three other items costing ₹ 39 , ₹ 49 and ₹ 40 are also
    Question

    The average cost of 16 items is ₹59. Four items with an average price of ₹60 are returned and three other items costing ₹ 39 , ₹ 49 and ₹ 40 are also returned. Find thnew average

    A.

    59

    B.

    64

    C.

    62

    D.

    72

    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:

    Total cost=Average cost×Number of items\text{Total cost} = \text{Average cost} \times \text{Number 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 = New total costNew number of items\frac{\text{New total cost}}{\text{New number of items}}

    Solution:

    1. Calculate the original total cost:

    Original total cost = 59 ×\times​ 16 = 944

    2. Calculate the total cost of returned items:

    Total cost of returned items = 4×60+(39+49+40)=240+128=3684 \times 60 + (39 + 49 + 40) = 240 + 128 = 368

    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 = 5769=64\frac{576}{9} = 64

    Final Answer:

    The new average is ₹64.

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