What is the average amount of money spent by Satish if he has spent ₹250, ₹350 and ₹300 in 3 days?

₹250

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₹300

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₹266.66

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₹333.33

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Solution

The correct option is B
₹300

We know that,
$A v e r a g e = \frac{S u m o f a l l o b s e r v a t i o n s}{T o t a l n u m b e r o f o b s e r v a t i o n s}$

Total amount spent by Satish
$= ₹ 900$
Total number of days
$= 3 d a y s$

$Now Average = \frac{T o t a l a m o u n t s p e n t b y S a t i s h}{T o t a l n u m b e r o f d a y s}$
$= \frac{900}{3}$
$= ₹ 300$

Thus, the average of money spend by Satish is ₹300.

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