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Instructions
Study the following table carefully to answer the question that follow
Number (N) of six types of Electronic Products Sold by Six different stores in a month and the price per the product (P) (Price in Rs 000) charged by each Store.
Question 103
What is the average price per product charged by all the Stores together for Product Q ?
Solution
Average price per product of Q =$$\frac{(43*16)+(44*15)+(45*14.5)+(48*15.6)+(55*18.2)+(55*14.9)}{43+44+45+48+55+55}$$*1000 = Rs 15,700
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