Study the following graph showing the Profit and Expense of a Company from 2001 to 2006 and answer the question

(Amounts in Lakhs).

​For how many years was the profit more than the average profit of the given years? ​

Correct option is A

Given:

Profit values for the years from the graph:

2001: 45

2002: 35

2003: 65

2004: 75

2005: 85

2006: 95 

Solution:

​$$\text{Average profit} = \frac{\text{Total profit}}{\text{Number of years}} \\ \ \\ = \frac{45 + 35 + 65 + 75 + 85 + 95}{6}$$ 

$$\text{Average profit} = \frac{400}{6} \approx 66.67$$ 

Identify years where profit > average profit

2004: 75 (greater than 66.67)

2005: 85 (greater than 66.67)

2006: 95 (greater than 66.67)

Thus, Profit was greater than the average profit in 3 years (2004, 2005, and 2006)