Final answer:
To calculate the average selling price of dryers, divide the total amount earned, $7,200, by the number of dryers sold, which is 8. This gives an average selling price of $900 per dryer.
Step-by-step explanation:
The question asks to calculate the average selling price of dryers sold by an appliance salesman. To find the average price, you should divide the total amount earned from the sales by the number of products sold. In this case, the salesman sold 8 dryers for a total of $7,200.
To calculate the average selling price, use the following formula:
Average Selling Price = Total Sales ÷ Number of Dryers
Substituting the values into the formula gives:
Average Selling Price = $7,200 ÷ 8
Average Selling Price = $900
Therefore, the average selling price for the dryers is $900 each.