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The below table gives shares traded on Hyderabad, Mumbai, and Bengaluru stock exchanges (in ₹). Study the table and answer the question that follows.&
Question

The below table gives shares traded on Hyderabad, Mumbai, and Bengaluru stock exchanges (in ₹). Study the table and answer the question that follows. 

Name of the company

Hyderabad

Mumbai

Bengaluru

High

Low

High

Low

High

Low

A

150

140

180

165

160

155

B

250

225

325

315

300

290

C

180

175

195

180

190

185

D

350

325

410

395

390

375

For C, the low rates of shares are less than the average of the low rates of shares of the same company, in the stock exchange(s) at ____.

A.

Mumbai

B.

Bengaluru

C.

Hyderabad

D.

Hyderabad and Mumbai

Correct option is C

Given:
The low rates for Company C
Hyderabad: 175
Mumbai: 180
Bengaluru: 185
Formula Used:
Average low rate = Low rate in Hyderabad+Low rate in Mumbai+Low rate in Bengaluru3\frac{\text{Low rate in Hyderabad} + \text{Low rate in Mumbai} + \text{Low rate in Bengaluru}}{3}​​
Solution:
Average low rate for company C = 175+180+1853=5403\frac{175 + 180 + 185}{3} = \frac{540}{3}​ = 180
Now, Comparing with average low rate,
Hyderabad: 175 (less than 180)
Mumbai: 180 (equal to 180)
Bengaluru: 185 (greater than 180)
Thus, Hyderabad is the only city where the low rate (175) is less than the average (180).

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