Question

the profit for the last three years of a firm were as follows- 2017rs 200000,2018 rs - 300000 2019 rs 100000. calculate the average profit​

Answer 1

Answer:

Explanation:

year          profit

2017         2,00,000

2018         3,00,000

2019          1,00,000

Total of profit - 2,00,000 + 3,00,000 + 1,00,000 = Rs6,00,000

Average profit = Total of profit / No. of years

= Rs 6,00,000 / 3

Rs 2,00,000 is your average profit

Answer 2

The Average Profit = Rs. 2,00,000

Explanation:

Given :

The Profit for the last three years of a firm :

Year ------- Profit (Rs.)

2017 --------2,00,000

2018 --------3,00,000

2019 --------1,00,000

To find :

Calculate the Average Profit

Solution :

★ Average Profit =

$\sf{\longrightarrow{\dfrac{Total \: Profits \: for \: past \: Given \: years}{Number \: of \: years}}}$

$\sf{\longrightarrow{\dfrac{2,00,000 \: + \:3,00,000 \: + \: 1,00,000}{3}}}$

$\sf{\longrightarrow{\dfrac{6,00,000}{3}}}$

$\sf{\longrightarrow{2,00,000}}$

Average Profit = Rs. 2,00,000

∴ The Average Profit = Rs. 2,00,000