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ExamsIBPS POQuantitative Aptitude

If the ratio of the sales amount of Company Y in 2016 to that in 2018 is 17:15, then find the average sales amount of Company Y in 2014, 2016, and 2018 (in Rs.).

  1. 24000
  2. 25500
  3. 27000
  4. 26000
  5. 26500

Correct answer: 27000

Solution

The ratio between 2016 and 2018 helps determine their actual values from the data set. Once 2014, 2016, and 2018 sales are identified, their sum divided by 3 gives an average of 27000.

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