Averages · Question 14 · Hard
Averages question 14
A family's average monthly expenditure was ₹12,000 for the first 5 months and ₹13,500 for the next 7 months. If it saved ₹18,000 during the year, what was its average monthly income?
- ₹14,000
- ₹14,500
- ₹14,250
- ₹14,375
Answer and explanation
Answer: D. ₹14,375
Explanation: Yearly expenditure = 5 × 12,000 + 7 × 13,500 = 60,000 + 94,500 = ₹1,54,500. Income = 1,54,500 + 18,000 = ₹1,72,500, so the monthly average = ₹14,375.
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