Question : The average revenue for seven consecutive years of a company is Rs. 75 lakhs If the average of the first 4 years is Rs. 70 lakhs and that of the last 4 years is Rs. 82 lakhs, what will be the revenue for the 4th year?

Option 1: Rs. 85 lakhs

Option 2: Rs. 83 lakhs

Option 3: Rs. 81 lakhs

Option 4: Rs. 79 lakhs


Team Careers360 15th Jan, 2024
Answer (1)
Team Careers360 22nd Jan, 2024

Correct Answer: Rs. 83 lakhs


Solution : Given:
Average revenue of 7 consecutive years = Rs. 75 lakhs
Average revenue of first 4 years = Rs. 70 lakhs
Average revenue of last 4 years = Rs. 82 lakhs
Total revenue of 7 years = Average revenue × Number of years = 75 × 7
= Rs. 525 lakhs
Total revenue of first 4 years = Average revenue × Number of years.
= 70 × 4 = Rs. 280 lakhs
Total revenue of the last year = Average revenue × Number of years = 82 × 4
= Rs. 328 lakhs
Thus, revenue of the 4th year = Rs. 280 + Rs 328 – Rs.525 = Rs. 83 lakhs
Hence, the correct answer is Rs. 83 lakhs.

How to crack SSC CHSL

Candidates can download this e-book to give a boost to thier preparation.

Download Now

Know More About

Related Questions

TOEFL ® Registrations 2024
Apply
Accepted by more than 11,000 universities in over 150 countries worldwide
Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
GRE ® Registrations 2024
Apply
Apply for GRE® Test now & save 10% with ApplyShop Gift Card | World's most used Admission Test for Graduate & Professional Schools
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books