The average cost of 4 magazines is $30.
After another magazine that costs $80 is added,
- What is new total cost of all the magazines?
- What is new average cost of all the magazines?
(a)
Total cost of 4 magazines
= 4 x 30
= $120
New total cost of all the magazines
= 120 + 80
= $200
(b)
New total number of magazines
= 4 + 1
= 5
New average cost of all the magazines
= 200 ÷ 5
= $40
Answer(s): (a) $200; (b) $40