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What is the average profit (in crore Rs.) earned by the company in odd years among the given years?
150
116.66
126.66
100
None of the above
116.66
Given: Odd years among given years = 2011, 2013, 2015 From the bar graph (values in crore Rs.) 2011 ⇒ Income = 650, Expenditure = 450 2013 ⇒ Income = 800, Expenditure = 700 2015 ⇒ Income = 800, Expenditure = 750 Formula used: Profit = Income − Exp...
Given:
Odd years among given years = 2011, 2013, 2015
From the bar graph (values in crore Rs.)
2011 ⇒ Income = 650, Expenditure = 450
2013 ⇒ Income = 800, Expenditure = 700
2015 ⇒ Income = 800, Expenditure = 750
Formula used:
Profit = Income − Expenditure
Average profit = (Sum of profits) ÷ Number of years
Calculation:
Profit in 2011 = 650 − 450 = 200
Profit in 2013 = 800 − 700 = 100
Profit in 2015 = 800 − 750 = 50
Total profit in odd years = 200 + 100 + 50 = 350
Average profit = 350 ÷ 3 = 116.66
∴ The average profit earned by the company in odd years is 116.66 crore rupees.