Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Quantitative Reasoning

Topic

Data Interpretation & Stats

Question:

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

Options:

33.33

25

50

12.5

Correct Answer:

25

Explanation:

⇒ 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%