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 41

What was the approximate absolute difference between the average revenue of A Ltd in 2011, 2012 and 2013 and the average revenue of B Ltd in 2013, 2014 and 2015?

Solution

Average revenue of A in 2011, 2012 and 2013 = (Sum of revenues of A in 2011,2012 and 2013)/3 = (120000+165000+135000)/3 (Since values given are in thousands)

= 140000

Average revenue of B in 2013, 2014 and 2015 = (Sum of revenues of B in 2013,2014 and 2015)/3 = (165000+150000+165000)/3 =160000

Absolute difference = 160000-140000 = 20000

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What was the approximate absolute difference between the average revenue of A Ltd in 2011, 2012 and 2013 and the average revenue of B Ltd in 2013, 2014 and 2015?

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