The average price of three items of furniture is ₹15,990. If their prices are in the ratio 3 : 5 : 7, the price of the cheapest item (in ₹) is:
Given:
Average price of 3 items = ₹15,990
Ratio of prices = 3 : 5 : 7
Find price of cheapest item.
Concept Used:
Total = Average × Number of items
Solution:
Total Price = 15990 × 3 = 47970
Sum of Ratio Numbers = 3 + 5 + 7 = 15
Cheapest Price = = ₹9594
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