Discussion

Explanation:

Receipts on 1st day Rs. 10,000.

On 2nd day Rs. 1.5 × 10000 = 15,000

On 3rd day Rs. 0.8 × (10,000 + 15,000) = 20,000

∴ Average receipt would be (10000 + 15000 + 2000)/3 = Rs. 15000

Hence, option (c).

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