Question

A trader sold 100 boxes of a $8.00 per box, 800 boxes at $6.00 per box and 600 boxes at $4.00 per box .find the average selling price per box

Answer 1

The average selling price per box is $5.33

What is the average selling price?

The core value of a set of data is expressed as the average of a list of variables. It is defined mathematically as the ratio of the total number of data points to the number of units in the list. The average of a specific set of numerical data is also known as the mean in statistics.

Average = Sum of Values/Number of Values

The total selling price of all boxes=(8*100)+(800*6)+(600*4)

                                                   =$8000

Total number of boxes=100+800+600

                                      =1500

Average selling price per box=8000/1500=$5.33

Learn more about average here:

brainly.com/question/20118982

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