Question

What is the average percentage rise in profit of company L over all the years together?

• A. $15\frac{1}{3}\%$
• B. $25\frac{1}{3}\%$
• C. $18\frac{5}{6}\%$
• D. $21\frac{2}{3}\%$

Answer 1

The correct option is D $21\frac{2}{3}\%$

Average percentage rise in the profit of company L over all the years together
$=\frac{Totalpercentageriseintheprofitofthecompany}{Numberofyears}$
$=\frac{25+10+15+25+20+35}{6}=\frac{130}{6}\%=21\frac{2}{3}\%$.