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The average revenues of 7 consecutive ye...

The average revenues of 7 consecutive years of a company is Rs. 79 lakhs. If the average of first 4 years is Rs. 74 lakhs and that of last 4 years is Rs. 86 lakhs, what is the revenue for the 4th year?

A

Rs. 87 lakhs

B

Rs. 89 lakhs

C

Rs. 85 lakhs

D

Rs. 83 lakhs

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The correct Answer is:
To find the revenue for the 4th year, we can follow these steps: ### Step 1: Calculate the total revenue for 7 years Given that the average revenue for 7 consecutive years is Rs. 79 lakhs, we can calculate the total revenue for these 7 years. \[ \text{Total Revenue for 7 years} = \text{Average} \times \text{Number of Years} = 79 \text{ lakhs} \times 7 = 553 \text{ lakhs} \] ### Step 2: Calculate the total revenue for the first 4 years The average revenue for the first 4 years is given as Rs. 74 lakhs. We can calculate the total revenue for these 4 years. \[ \text{Total Revenue for first 4 years} = 74 \text{ lakhs} \times 4 = 296 \text{ lakhs} \] ### Step 3: Calculate the total revenue for the last 4 years The average revenue for the last 4 years is given as Rs. 86 lakhs. We can calculate the total revenue for these 4 years. \[ \text{Total Revenue for last 4 years} = 86 \text{ lakhs} \times 4 = 344 \text{ lakhs} \] ### Step 4: Set up the equation for the 4th year Let the revenue for the 4th year be denoted as \( R_4 \). The total revenue for the last 4 years includes the revenue for the 4th year, which is also part of the total revenue for the first 4 years. Therefore, we can express the total revenue for the 7 years as: \[ \text{Total Revenue for 7 years} = \text{Total Revenue for first 4 years} + \text{Total Revenue for last 4 years} - R_4 \] Substituting the values we calculated: \[ 553 = 296 + 344 - R_4 \] ### Step 5: Solve for \( R_4 \) Now, we can rearrange the equation to solve for \( R_4 \): \[ 553 = 640 - R_4 \] \[ R_4 = 640 - 553 = 87 \text{ lakhs} \] ### Conclusion The revenue for the 4th year is Rs. 87 lakhs. ---
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