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Study the following graph carefully to answer these questions :
Profit earned (in Crore Rs.) by Seven Companies during 2003-04
Question 154
What was the average profit earned by all the companies in 2003? (In crore Rs. rounded-off to two digits after decimal).
Solution
Total profit earned by all the companies in 2003
= 20 + 40 + 50 + 70 + 50 + 80 + 60
= Rs. 370 crore
=> Average profit = $$\frac{370}{7}$$
= Rs. 52.86 crore
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