5 Views

Question : The table given below shows the cost price and selling of four different articles.

Articles Cost price Selling price
J 650 750
K 370 450
L 450 650
M 590 650

What is the difference between the average selling price and the average cost price of all the articles?

Option 1: 110

Option 2: 160

Option 3: 710

Option 4: 140


Team Careers360 6th Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: 110


Solution : Average SP = $\frac{750 + 450 + 650 + 650}{4} = \frac{2500}{4}=625$
Average CP = $\frac{650 + 370 + 450 + 590}{4} = \frac{2060}{4} = 515$
Difference = 625 – 515 = 110
Hence, the correct answer is 110.

SSC CGL Complete Guide

Candidates can download this ebook to know all about SSC CGL.

Download EBook

Know More About

Related Questions

TOEFL ® Registrations 2024
Apply
Accepted by more than 11,000 universities in over 150 countries worldwide
Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books