What was the weighted mean price of a book, Business Management

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What was the weighted mean price of a book

Problem

The Bookstall Inc. is a specialty bookstore concentrating on used books sold via the Internet. Paperbacks are $1.50 each, and hardcover books are $4.85. Of the 90 books sold last Tuesday morning, 70 were paperback and the rest were hardcover.

What was the weighted mean price of a book?

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Business Management: What was the weighted mean price of a book

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