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A furniture store is having a sale on sofas and you're going to buy one.
A furniture store is having a sale on sofas and you're going to buy one. The advertisers know that buyers get to the store and that 1 out of 11 buyers change to a more expensive sofa than the one in the sale advertisement. Let X be the cost of the sofa. What is the average cost of a sofa if the advertised sofa is $100 and the more expensive sofa is $225?
a)162.50
b)110.42
c)111.14
d)111.36