Question:

The given bar graph represents the monthly profits of Company X. Please answer the question(s) based on the given data.
Monthly Profits for year 2019 (April - September)
In Year 2019, for how many months given in the data, the monthly profit was greater than the average monthly profit for company X in the given 6 months?

Updated On: Mar 5, 2025
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The Correct Option is C

Solution and Explanation

Step 1: Calculate the Average Monthly Profit 

From the graph, the monthly profits for six months are:

  • April: 55
  • May: 60
  • June: 70
  • July: 95
  • August: 100
  • September: 95

The average monthly profit is calculated as:

\[ \text{Average} = \frac{55 + 60 + 70 + 95 + 100 + 95}{6} \]

\[ = \frac{475}{6} \approx 79.17 \]

Step 2: Identify the Months with Profit Greater than the Average

From the graph, the months where the profit is greater than 79.17 are:

  • July: 95
  • August: 100
  • September: 95

Conclusion:

The profit was greater than the average for 3 months.

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