Correct option is B
Given:
Average price = 5300
Ratio = 3 : 5 : 7
Concept Used:
Average × number of items = total price
Solution:
Sum of ratio = 3 + 5 + 7 = 15
Cost of 1 part = 15900 ÷ 15 = 1060
Cheapest item = 3 parts = 3 × 1060 = 3180
Price of cheapest item = Rs. 3180
Alternate Solution (Short Trick):
