A factory buys 7 machines. 2 machine A, 2 Machine B and rest Machine…

Question

A factory buys 7 machines. 2 machine A, 2 Machine B and rest Machine C. Prices of the machines are Rs. 95000, Rs. 75000 and Rs. 43000 respectively. Calculate the average cost of these machines-

Accepted Answer

Option B. 67000. Answer & Solution Answer: Option B Solution: & Given, & Total cost of the 7 machines & = 95000 × 2 + 75000 × 2 + 43000 × 3 & = 190000 + 150000 + 129000 & = Rs . 469000 & Average = Total cost Total number of machines & = 4690007 & = Rs . 67000