The following graph shows the percentage rise in the profits of two companies over the years.
What is the average of the percentage increases in the year-to-year profit of Company Mover all the given years. taken together? [Give your answer correct to the nearest integer value.]
Answer & explanation
Correct answer: option 4
Average of percentage increases in the year-to-year profit of Company M over all the given years. taken together
= \(\frac{25+10+15+25+20+30 }{6}\) × 100
= 20.83%
= 21%