The average revenues of 9 consecutive years of a company is Rs 76 lakhs. If the average of first 5 years is Rs 71 lakhs and that of last 5 years is Rs 83 lakhs, find the revenue for the 5th year.
Total revenues of 9 years of the company = $$76 \times 9$$ = Rs. 684 lakhs
Total revenue of first 5 years = $$71 \times 5$$ = Rs. 355 lakhs
Total revenue of last 5 years = $$83 \times 5$$ = Rs. 415 lakhs
$$\therefore$$ Revenue of 5th year = (355 + 415) - 684 = 770 - 684
= Rs. 86 lakhs
=> Ans - (C)
Create a FREE account and get:
Quick, Easy and Effective Revision
By proceeding you agree to create your account
Free CAT Formulae PDF will be sent to your email address soon !!!
