The Table given below presents the profit (in multiple of thousand rupees) of a firm for the years 2010-2018. By how much percentage is the average profit of years 2015-2017 greater than the profit of 2012?
|
Years |
Profit of a firm |
|
2010 |
7500 |
|
2011 |
7000 |
|
2012 |
8000 |
|
2013 |
8500 |
|
2014 |
9500 |
|
2015 |
11000 |
|
2016 |
8000 |
|
2017 |
11000 |
|
2018 |
11500 |
Answer & explanation
Correct answer: option 2
⇒ Average profit of years 2015-2017 = \(\frac{11000+8000+11000 }{3}\)
= \(\frac{30000 }{3}\)
= 10000
⇒ Profit of 2012 = 8000
⇒ Required percentage = \(\frac{10000 - 8000 }{8000}\) × 100
= \(\frac{1 }{4}\) × 100
= 25%