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ATQ, Average price of 80 mobile phones is = 30,000 Sum of price of 80 mobile phones is = 30,000 × 80 = Rs. 24,00,000 Sum of price of 78 mobile phones is = 29,500 × 78 = Rs. 23,01,000 Sum of highest and lowest price of phones = 24,00,000 – 23,01,000 = Rs. 99,000 ∴ Cost of lowest mobile phone = 99,000 – 80,000 = Rs. 19,000
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