Question

What is the average profit earned by the businessman in 2001, 2003, 2004, 2006 and 2007 together?

• A. Rs. 27400
• B. Rs 28800
• C. Rs 29200
• D. Rs 26800
• E. Rs 28400

Answer 1

The correct option is E Rs 28400

Profit in 2001 $\to$ 66000-42000=24000
Similarly in 2006 $\to$ 72000-42000=30000
In 2004 $\to$ 78000-40000=38000
In 2006 $\to$ 82000-58000=24000
In 2007 $\to$ 74000-48000=26000
$\therefore$ Required average
$=\frac{24000+30000+38000+24000+26000}{5}$
$=\frac{142000}{5}=Rs.28400$