Multiple Choice
A paint producer in Nigeria wishes to calculate the weighted aggregate for components of its paint. In the past 5 years the cost of the base paint (per 100 litres) has increased from NGN (Nigerian Naira) 38500 to NGN 40500 and the cost of coloured dyes from NGN 6200 to NGN 7400. Base paint and colour are used in a ratio of 100:1. Calculate the weighted aggregate (1 decimal place) .
A) 103.8
B) 104.7
C) 105.2
D) 106.8
Correct Answer:
Verified
Correct Answer:
Verified
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