Answer:
So Average Price of horse is $360
Step-by-step explanation:
Given:
25 horses sold in January for $ 2500
25 horses sold in February for $10500
TO find:
Average price of horse = ?
Solution:
Average price is usually found out by adding all the values and dividing by its total no of values
Now in our case
Total Horse = 25 + 25
= 50
Total Money = $7500 + $10500
= $18000
Average Price [tex]=\frac{total price}{total horses}[/tex]
Average Price [tex]=\frac{18000}{50}[/tex]
=$360
So Average Price of horse is $360
