Ravi buys 5 pens at ₹150 each, 2 pencils at ₹100 each, and 3 notebooks at ₹250 each. What is the average expenditure incurred by Ravi per article?
Ravi buys 5 pens at ₹150 each, 2 pencils at ₹100 each, and 3 notebooks at ₹250 each.
Total expenditure = $$5\times150+2\times100+3\times\ 250$$
= $$750+200+750$$
= 1700
Average expenditure incurred by Ravi per article = $$\frac{Total \ expenditure}{number \ of \ articles}$$
= $$\frac{1700}{5+2+3}$$
= $$\frac{1700}{10}$$
= 170
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