Comprehension

The line graph shows the number of copper and bronze items sold in four different shops [A, B, C, and D].

 

The given table shows the ratio between total number of [ copper + bronze] items sold to number silver items sold.

Shop

Ratio between total number of [ copper + bronze] items sold to number silver items sold.

A

5:4

B

29:12

C

25:18

D

3:2

 

Average selling price of copper items is Rs. 750, average selling price of bronze items is Rs. 550 and average silver items is Rs. 1050 sold in shop B. Find the average (approx) selling price of all the items sold in shop B?

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  1. 880
  2. 770
  3. 820
  4. 920
  5. 670

Answer (Detailed Solution Below)

Option 2 : 770
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Detailed Solution

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Common Calculation

For shop A,

Number of copper items sold in shop A is 24.

Number of bronze items sold in shop A is 16.

So, total number of copper and bronze items sold in shop A is 24 + 16 = 40.

So, Ratio between total number of [ copper + bronze] items sold to number silver items sold.

So, Number of silver items sold in shop A is 40 × 4 /5 = 32

Similarly, we can calculate others values also, which is given in the table.

Shop

Number of copper items sold

Number of Bronze items sold

Number of Silver items sold

A

24

16

32

B

30

28

24

C

32

18

36

D

36

24

40

Calculation

In Shop B:

Copper = 30 × 750 = 22,500

Bronze = 28 × 550 = 15,400

Silver = 24 × 1050 = 25,200

Total value = 22,500 + 15,400 + 25,200 = 63,100

Total items = 30 + 28 + 24 = 82

Average selling price = 63100 ÷ 82 = Rs. 769.51 (approx)

Answer: Rs. 770

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