Average monthly sales when given ratio and combined average

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A certain store found that last year the average (arithmetic mean) monthly sales from January through October was $120,000. In November and December, the monthly sales were 3 and 5 times, respectively, the average for the other 10 months. What was the store's average monthly sales last year?

A) $180,000
B) $216,000
C) $252,000
D) $318,000
E) $360,000
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by Anurag@Gurome » Wed May 30, 2012 7:19 pm
Striver wrote:A certain store found that last year the average (arithmetic mean) monthly sales from January through October was $120,000. In November and December, the monthly sales were 3 and 5 times, respectively, the average for the other 10 months. What was the store's average monthly sales last year?

A) $180,000
B) $216,000
C) $252,000
D) $318,000
E) $360,000
Yearly sale = 120,000 * 10 + 120,000 * (3 + 5) = $2,160,000
So, average sales per month = 2,160,000/12 = [spoiler]$180,000[/spoiler]

The correct answer is A.
Anurag Mairal, Ph.D., MBA
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