Correct option is B
Given:
the average price of three items of furniture is Rs 15,915
their prices are in the ratio 3:5:7
the price of the costliest item = ?
Solution:
Let the prices of the items be 3x3x3x, 5x5x5x, and 7x7x7x, where xxx is a common factor.
The total price of the three items is the sum of the individual prices:
We are given that the average price of the three items is Rs 15,915. The formula for the average price is:
So, the total price of the three items is:
Total price = 15,915 × 3 = 47,745
We know that the total price is also 15x15x15x, so:
15x = 47,745
The costliest item corresponds to the price 7x. Now, substitute x = 3,183:
Price of the costliest item = 7x = 7 × 3,183 = 22,281
Thus The price of the costliest item is Rs 22,281.