Mahesh buys 3 shirts at an average price of Rs. 1250. If he buys 2 more shirts at an average price of Rs. 1450, what will be the average price (in Rs) of all the 5 shirts he buys?
1). 1370
2). 1330
3). 1310
4). 1390
Total cost of price of three shirts = 1250 × 3 = Rs. 3750
Cost of two more shirts = 1450 × 2 = Rs. 2900
The average price of all the 5 shirts he buys = (3750 + 2900)/5
∴ The average price of all the 5 shirts he buys = 6650/5 = Rs. 1330