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The average revenues of 9 consecutive years of a company is Rs 68 lakhs. If the average of first 5 years is Rs 63 lakhs and that of last 5 years is Rs 75 lakhs, find the revenue for the 5th year.1). Rs 80 lakhs2). Rs 76 lakhs3). Rs 78 lakhs4). Rs 74 lakhs |
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Answer» As per the given data Average revenues of 9 CONSECUTIVE years of a company = Rs.68 lakhs Total revenues of 9 consecutive years = 68 × 9 = Rs.612 lakhs Average REVENUE of the first 5 years = Rs.63 lakhs Revenue of the first 5 years = 63 × 5 = Rs.315 lakhs Average revenue of the last 5 years = Rs.75 lakhs Revenue of the last 5 years = 75 × 5 = Rs.375 lakhs ⇒ Revenue for the 5th year = (Revenue of the first 5 years + Revenue of the last 5 years) - total revenue for 9 consecutive years = (315 + 375) - 612 = 690 – 612 = Rs.78 lakhs |
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