Correct Answer - Option 1 : 800
Given
Average number of car sold on Monday, Tuesday and Wednesday = 500
Formula used
Average = Sum of all observations/ Number of observations
Calculation
Total number of cars sold on Monday, Tuesday and Wednesday = 3 × 500
⇒ 1500
Cars sold on Wednesday = 1500 - 700
⇒ 800
∴ 800 cars sold on Wednesday.