Question

What is the average cost per hundred items for all the given companies?

• A. $Rs.4183\frac{2}{3}$
• B. $Rs.4283\frac{1}{3}$
• C. $Rs.4333\frac{2}{3}$
• D. $Rs.4333\frac{1}{3}$
• E. None of these

Answer 1

The correct option is E None of these

Required average cost,
$=\frac{4500+3500+6000+5500+5000+4000}{6}$
$=Rs.\frac{28500}{6}=Rs.4750$