Stella bought 14 purses for $50. The next day she bought 2 more for a total of $38. What was the mean cost per purse?

Question

Stella bought 14 purses for $50. The next day she bought 2 more for a total of $38. What was the mean cost per purse?

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Nguyệt Ánh 3 years 2021-09-02T06:44:19+00:00 1 Answers 1 views 0

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    2021-09-02T06:46:01+00:00

    Answer:

    $48.5

    Step-by-step explanation:

    Given data

    Number of purses= 14+2= 16

    Cost of 14 purses= $50

    Cost of 2 purses= $38

    Let us use the weighted cost method

    Mean cost = (14*50+ 2*38)/16

    Mean cost = (700+ 76)/16

    Mean cost = 776/16

    Mean cost =$48.5

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