QuestionAugust 25, 2025

7. You are researching the price of MP3 players. You found an average price of 58.80 One MP3 player costs 56 and another costs 62 Find the price of the third MP3 player.

7. You are researching the price of MP3 players. You found an average price of 58.80 One MP3 player costs 56 and another costs 62 Find the price of the third MP3 player.
7. You are researching the price of MP3 players. You found an average price
of 58.80 One MP3 player costs 56 and another costs 62 Find the price
of the third MP3 player.

Solution
4.0(303 votes)

Answer

58.40 Explanation 1. Define the average formula The average price is given by \text{Average} = \frac{\text{Sum of all prices}}{\text{Number of items}}. 2. Set up the equation Let x be the price of the third MP3 player. Then, \frac{56 + 62 + x}{3} = 58.80. 3. Solve for x Multiply both sides by 3: 56 + 62 + x = 176.4. Simplify: 118 + x = 176.4. Subtract 118 from both sides: x = 58.4.

Explanation

1. Define the average formula<br /> The average price is given by $\text{Average} = \frac{\text{Sum of all prices}}{\text{Number of items}}$.<br />2. Set up the equation<br /> Let $x$ be the price of the third MP3 player. Then, $\frac{56 + 62 + x}{3} = 58.80$.<br />3. Solve for x<br /> Multiply both sides by 3: $56 + 62 + x = 176.4$. <br /> Simplify: $118 + x = 176.4$. <br /> Subtract 118 from both sides: $x = 58.4$.
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