The average number of electronic items sold by a trader in 2004, 2005, 2006 and 2007 is 18950 and that sold in 2005, 2006, 2007 and 2008 is 21725. If the number of items sold in 2008 is 12750, then the number of items sold in 2004 is:
Show answer & explanation
Correct answer: A
Explanation
The correct answer is Option 1 i.e. 1650.
Given that
The average number of electronic items in 2004, 2005, 2006 and 2007 = 18950
The sum of electronic items in 2004, 2005, 2006 and 2007 = 18950 * 4 = 75800......(1
The average number of electronic items in 2005, 2006, 2007 and 2008 = 21725
The sum of electronic items in 2005, 2006, 2007 and 2008 = 21725 * 4 = 86900
The sum of electronic items in 2005, 2006, 2007 = 86900 - 12750 = 74150.......(2
Equation (1 - Equation (2
The number of items sold in 2004 = 1650