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The average price of 80 mobile phones is Rs.30,000. If the highest and lowest price mobile phones are sold out then the average price of remaining 78 mobile phones is Rs. 29,500. The cost of the highest mobile is Rs.80,000. The cost of lowest price mobile is?
  • a)
    Rs. 18000
  • b)
    Rs. 15000
  • c)
    Rs. 19000
  • d)
    Can’t be determined
  • e)
    None of these
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
The average price of 80 mobile phones is Rs.30,000. If the highest and...
Answer – C. Rs. 19000 Explanation : The price of the costliest and cheapest mobile = (80*3000) – (78*29500) = 99000 Cheapest Mobile Price = 99000 – 80000 = 19000
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Most Upvoted Answer
The average price of 80 mobile phones is Rs.30,000. If the highest and...
The total cost of the 80 mobile phones is 80 * 30000 = Rs. 2,400,000.
The total cost of the remaining 78 mobile phones is 78 * 29500 = Rs. 2,301,000.
The difference in cost is 2,400,000 - 2,301,000 = Rs. 99,000.
Since the cost of the highest mobile phone is Rs. 80,000, the cost of the lowest mobile phone is 80,000 - 99,000 = -19,000.
However, the cost of a mobile phone cannot be negative, so the cost of the lowest price mobile phone is not possible to determine. Therefore, the answer is d) Cannot be determined.
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The average price of 80 mobile phones is Rs.30,000. If the highest and lowest price mobile phones are sold out then the average price of remaining 78 mobile phones is Rs. 29,500. The cost of the highest mobile is Rs.80,000. The cost of lowest price mobile is?a)Rs. 18000b)Rs. 15000c)Rs. 19000d)Can’t be determinede)None of theseCorrect answer is option 'C'. Can you explain this answer?
Question Description
The average price of 80 mobile phones is Rs.30,000. If the highest and lowest price mobile phones are sold out then the average price of remaining 78 mobile phones is Rs. 29,500. The cost of the highest mobile is Rs.80,000. The cost of lowest price mobile is?a)Rs. 18000b)Rs. 15000c)Rs. 19000d)Can’t be determinede)None of theseCorrect answer is option 'C'. Can you explain this answer? for Quant 2024 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about The average price of 80 mobile phones is Rs.30,000. If the highest and lowest price mobile phones are sold out then the average price of remaining 78 mobile phones is Rs. 29,500. The cost of the highest mobile is Rs.80,000. The cost of lowest price mobile is?a)Rs. 18000b)Rs. 15000c)Rs. 19000d)Can’t be determinede)None of theseCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The average price of 80 mobile phones is Rs.30,000. If the highest and lowest price mobile phones are sold out then the average price of remaining 78 mobile phones is Rs. 29,500. The cost of the highest mobile is Rs.80,000. The cost of lowest price mobile is?a)Rs. 18000b)Rs. 15000c)Rs. 19000d)Can’t be determinede)None of theseCorrect answer is option 'C'. Can you explain this answer?.
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