Q257 / 270 · NDA 2024 (Phase 1) · Mathematics

An edible oil is sold at the rates $150,200,250,300$ rupees per litre in four consecutive years. Assuming that an equal amount of money is spent on oil by a family in every year during these years, what is the average price of oil in rupees (approximately) per litre?

  • A
    210
  • B
    220
  • Correct answer
    C
    230
  • D
    240

Solution

The rates of the edible oil in four consecutive years are $150,200,250,300$ $\begin{aligned} \therefore \text { Average price of oil } & =\frac{150+200+250+300}{4} \\ & =\frac{900}{4}=225 \end{aligned}$

Hence, the correct answer is option: 'C'.

Relevant Questions