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Question

Given Binod's salary for the past five months:
₹ 21450, ₹46200, ₹ 54500, ₹ 54500 and ₹ 54500
Find the mean of the Binod's salary for the past five months.

A
₹ 46200
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B
₹ 46250
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C
₹ 46240
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D
₹ 46230
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Solution

The correct option is D ₹ 46230
We know that,
Mean=Sum of observationsTotal number of observations

Mean of salary=Sum of five months salaryNumber of months

=21450 + 46200 + 54500 + 54500 + 545005
=2311505
= ₹ 46230

Hence, the average salary of Binod for the past five months is ₹ 46230.

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