Instructions

The following 2 bar charts represent revenues and expenses (in thousands) of A Ltd, B Ltd, and C Ltd over a period of five years.

Revenues of A Ltd, B Ltd, C Ltd for the period 2011-2015


Question 39

For which year, the average annual revenue (considering all three companies) was the maximum?

Solution

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Average annual revenue = Sum of annual revenue of A,B and C for the given year/3   (Here 3 is the total number of companies)

Average revenue for year 2011(in thousands) = (120+180+150)/3 = 450/3

Average revenue for year 2012(in thousands) = (165+150+180)/3 = 495/3

Average revenue for year 2013(in thousands) = (135+165+180)/3 = 480/3

Average revenue for year 2014(in thousands) = (180+150+135)/3 = 465/3

Here, Average annual revenue for 2012 is the highest.

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