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Profits of Rs 12,000, Rs 18,000 and Rs 24,000 carry weights 1, 2 and 3. Weighted average profit is
ARs 16,000
BRs 24,000
CRs 20,000
DRs 18,000
Answer & Solution
Correct answer: C. Rs 20,000
Products are 12,000 + 36,000 + 72,000 = 1,20,000, divided by total weight 6 gives 20,000.
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