Correct option is C
Given:
Average income of 5 persons = Rs. 550
Average income of 15 persons = Rs. 450
Formula Used:
Total income = Number of persons × Average income
Solution:
Total income of 5 persons = 5 × 550 = Rs. 2750
Total income of 15 persons = 15 × 450 = Rs. 6750
Total income of the group = 2750 + 6750 = Rs. 9500
Total persons = 5 + 15 = 20
Average income = = Rs. 475
Thus, the average income of the whole group is Rs. 475.