Commodity | Weight (in kg) | Price per kg(in Rupees) |
Rice | 25 | 30 |
Wheat | 5 | 20 |
Pulses | 4 | 60 |
Vegetables | 8 | 25 |
Oil | 3 | 65 |
Commodity |
Weight(w)(in kg) |
Price per Kg(x) (in rupees) |
xw |
Rice |
25 |
30 |
750 |
Wheat |
5 |
20 |
100 |
Pulses |
4 |
60 |
240 |
Vegetables |
8 |
25 |
200 |
Oil |
3 |
65 |
195 |
Then, weighted arithmetic mean =ΣxwΣw=148545=33