The following line graph gives the annual percent profit earned by a Company during the period 1995 - 2000.
Percent Profit Earned by a Company Over the Years.
%Profit = (Income - Expenditure)/Expenditure x 100
What is the average profit earned for the given years?
A.
50(2/3)
B.
55(5/6)
C.
60(1/6)
D.
335
Correct answer is B
Average percent profit earned for the given years
= 1/6 x [40 + 55 + 45 + 65 + 70 + 60] = 335/6 = 55(5/6)
