1.

the profit for the last three years of a firm were as follows- 2017rs 200000,2018 rs - 300000 2019 rs 100000. calculate the average profit​

Answer»

Average Profit = RS. 2,00,000

Explanation:

Given :

The Profit for the LAST three years of a FIRM :

Year ------- Profit (Rs.)

2017 --------2,00,000

2018 --------3,00,000

2019 --------1,00,000

To find :

Calculate the Average Profit

Solution :

Average Profit =

\sf{\longrightarrow{\dfrac{Total \: Profits \: for \: past \: Given \: years}{Number \: of \: years}}}

\sf{\longrightarrow{\dfrac{2,00,000 \:  +  \:3,00,000 \:  +  \:  1,00,000}{3}}}

\sf{\longrightarrow{\dfrac{6,00,000}{3}}}

\sf{\longrightarrow{2,00,000}}

Average Profit = Rs. 2,00,000

The Average Profit = Rs. 2,00,000



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