384). Ratio of price of all the given companies is
Toyoto : Bajaj : Maruti : Honda : M & M
3 : 2
8 : 5
1 : 2
10 : 11
= (3 × 8×1×10) : (2×8×1×10) : (2×5×1×10) : (2×5×2×10) : (2×5×2×11)
= 240 : 160 : 100 : 200 : 220 = 12 : 8 : 5 : 10 : 11
Volumes of production of Toyota, Bajaj, Maruti, Honda and M&M in March 2004 are in the ratio 1 : 2 : 2 : 1 : 2
Let x be present in the ratio of the price of each of the cars.
Average price in March 2004 = (12x×1+ 8x×2 + 5x×2 + 10x×1 + 11x×2) / (1+2+2+1+2) = 70x/8 = 8.75x
Therefore the prices of Toyota, Honda and M&M are greater than the average price of all cars in March 2004.
Answer: c)