Question
Download Solution PDFThe line chart given below shows the income and expenditure of a company in five years.
Saving = Income - Expenditure
What is the difference between the average income and average saving in year C and D together?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFCalculation:
Average income of C and D together = (600 + 400)/2 = 500
Saving of C = 600 - 200 = 400
Saving of D = 400 - 100 = 300
Average saving of C and D together = (400 + 300)/2 = 350
The difference between the average income and average savings in year C and D together is = 500 - 350 = 150
∴ Option 3 is the correct answer.
Last updated on May 28, 2025
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