Question

A store that sells ski equipment lost a total of $18000 in June, July, and August. What was the mean loss per month?

Answer 1

To find the mean loss per month, we use the formula:

`\[\text{Mean loss per month} = \frac{\text{Total loss}}{\text{Number of months}}\]`

Given that the store lost a total of $18000 in June, July, and August, the total loss is $18000. Since the loss occurred over a period of three months, the number of months is 3. Plugging these values into the formula, we get:

`\begin{aligned}\[\text{Mean loss per month}& = (18000)/(3)\\& = \boxed{6000}\]\end{aligned}`

`\therefore` The mean loss per month for the store that sells ski equipment was $6000.

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