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Q.

A car owner buys petrol at Rs.7.50, Rs. 8 and Rs. 8.50 per liter for three successive years. What approximately is the average cost per liter of petrol if he spends Rs. 4000 each year?

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a

Rs. 9 

b

Rs. 8 

c

Rs. 7.98 

d

Rs. 8.50

answer is A.

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Detailed Solution

Total quantity of petrol consumed in 3 years is 40007.5+40008+40008.5 liters

This value is equal to 7670051liters

The total amount spend in three years is 12000

Therefore, the average cost of liter petrol is 1200076700×51=Rs 7.98

 

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A car owner buys petrol at Rs.7.50, Rs. 8 and Rs. 8.50 per liter for three successive years. What approximately is the average cost per liter of petrol if he spends Rs. 4000 each year?