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A man purchases milk for three consecutive years. In the first year, he purchases milk at the rate of ₹7.50 per litre, in the second year, at the rate of ₹8.00 per litre and in the third year, at ₹8.50 per litre. If he purchases milk worth ₹4,080 each year, the aver-age price of milk per litre for the three years is
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- ₹7.68
- ₹7.98
- ₹7.54
- ₹7.83
- ₹7.68
Correct Option: B
Quantity of milk :-
First year ⇒ 4080 ÷ 7.5 = 544 litres
Second year ⇒ 4080 ÷ 8 = 510 litres
Third year ⇒ 4080 ÷ 8.5 = 480 litres
∴ Required average = | 3 × 4080 |
544 + 510 + 480 |
Required average = | 12240 |
1534 |
Required average = ₹ 7.98 per litre