Multiple Choice Questions on A car owner buys petrol at Rs 7 50 Rs 8 and Rs 8 50 per litre for three successive years What approx........... for Mathematics - All Exams Preparation

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Indian Economy - Understanding the basics of Indian economic system

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

    7.98

    Correct Answer

    8.25

    Incorrect Answer

    6.24

    Incorrect Answer

    5.98

    Incorrect Answer
    Explanation:

    Total quantity of petrol consumed in 3 years =(4000/7.50+4000/8+4000/8.50)  liters
    =4000(2/15+1/8+2/17) liters                                                   
    =76700/51 liters
    Total amount spent = Rs. (3 x 4000) = Rs. 12000.
    Average cost = Rs. (12000*51/76700) = Rs. 7.98.


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