The average revenues of 11 consecutive years of a company is Rs 77 lakhs. If the average of first 6 years is Rs 72 lakhs and that of last 6 years is Rs 84 lakhs, What is the revenue for the Sixth year.
A) Rs 91 lakhs B) Rs 87 lakhs C) Rs 85 lakhs D) Rs 89 lakhs
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Correct Question:
The average revenues of 11 consecutive years of a company is Rs 77 lakhs. If the average of first 6 years is Rs 72 lakhs and that of last 6 years is Rs 84 lakhs, What is the revenue for the Sixth year.
A) Rs 91 lakhs B) Rs 87 lakhs C) Rs 85 lakhs D) Rs 89 lakhs
Answer
89 lakhs
Solution :
Total revenue for 11 years = 11 × 77 = 847 lakhs .
Total revenue for frist six years = 6 × 72 = 432 lakhs
Total revenue for last six years = 6 × 84 = 504 lakhs .
So , the revenue for the sixth year = 432 + 504 - 847 = Rs. 89 lakhs.
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Defination
revenue - revenue is the income that a business has from its normal business activities, usually from the sale of goods and services to customers.
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