Question : The table given below shows the savings and expenditures of 5 companies.
Companies | Saving | Expenditure |
P | 150 | 50 |
Q | 400 | 200 |
R | 300 | 150 |
S | 150 | 100 |
T | 200 | 500 |
Income = Expenditure + Savings
What is the average income of all 5 companies?
Option 1: 440
Option 2: 360
Option 3: 480
Option 4: 390
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Correct Answer: 440
Solution :
Income of Company P = 150 + 50 = 200
Income of Company Q= 400 + 200 = 600
Income of Company R = 300 + 150 = 450
Income of Company S = 150 + 100 = 250
Income of Company T = 200 + 500 = 700
Average income of all 5 companies = $\frac{(200 + 600 + 450 + 250 + 700)}{5}
= \frac{2200}{5} = 440$
Hence, the correct answer is 440.
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