A grocer has a sale of Rs.6435, Rs.6927, Rs.6855, Rs.7230 and Rs.6562 for 5 consecutive months. How much sale must he have in the sixth month so that he gets an average sale of Rs.6500?
Question
A grocer has a sale of Rs.6435, Rs.6927, Rs.6855, Rs.7230 and Rs.6562 for 5 consecutive months. How much sale must he have in the sixth month so that he gets an average sale of Rs.6500?
Solution 1
To find out how much sale the grocer must have in the sixth month to get an average sale of Rs.6500, we first need to calculate the total sale for the first five months.
The total sale for the first five months is Rs.6435 + Rs.6927 + Rs.6855 + Rs.7230 + Rs.6562 = Rs.34009.
Next, we need to find out the total sale for six months to get an average sale of Rs.6500. The average sale is calculated by dividing the total sale by the number of months. So, to get an average sale of Rs.6500 over six months, the total sale must be Rs.6500 * 6 = Rs.39000.
Finally, to find out how much sale the grocer must have in the sixth month, we subtract the total sale for the first five months from the total sale for six months. So, the sale in the sixth month must be Rs.39000 - Rs.34009 = Rs.4991.
Solution 2
The total sale for 5 months is Rs.6435 + Rs.6927 + Rs.6855 + Rs.7230 + Rs.6562 = Rs.34009.
If the grocer wants an average sale of Rs.6500 over 6 months, the total sale for 6 months should be Rs.6500 * 6 = Rs.39000.
Therefore, the sale he must have in the sixth month is Rs.39000 - Rs.34009 = Rs.4991.
Similar Questions
A salesman is paid a basic salary of Sh 7100. He also gets 6% commission once he has sold goods for over Sh 70000. How much commission did he earn in a month in which he sold goods worth Sh 560000?
Kofi took a job as a salesman. He has two choices for pay. Plan A is a monthly salary of 700 GHS per month plus 20% commission on monthly sales. Plan B is a monthly salary of 800 GHS per month plus 7% commission on monthly sales. How much in monthly sales would Kofi need to sell to make Plan A the better option?He would have to sell more than ____ GHS per month. What number goes in the blank? Round your answer to two decimal places
An agency spent $360 during the first month of the year and $2,880 during the next six months. If the average monthly expenditure for the entire year was $450, what was the average monthly expenditure for the last five months?
Mahesh buys 3 shirts at an average price of Rs.1250. If he buys 2 more shirts at an average price of Rs.1450 what will be the average price (in Rs.) of all the 5 shirts he buys?Options1390133013701310
A starts a business with Rs. 5000 and after 6 months B joins A. At the end of the year, the profit is divided between A and B in the ratio 2 : 3. What amount did B invest in the business?
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.