How to solve Iift 2016 Question 39?

This question can be solved by applying the core concept explained in the solution above, followed by step-by-step calculation and elimination of options.

Which concept is tested in this question?

This question tests fundamental concepts commonly asked in IIFT exams.

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Iift 2016 Question 39

This is a detailed step-by-step solution for Iift 2016 Question 39. Understand the concept, common mistakes, and expert tips to solve similar questions in IIFT exam.

IIFT

Average annual revenue = Sum of annual revenue of A,B and C for the given year/3 (Here 3 is the total number of companies)
Average revenue for year 2011(in thousands) = (120+180+150)/3 = 450/3
Average revenue for year 2012(in thousands) = (165+150+180)/3 = 495/3
Average revenue for year 2013(in thousands) = (135+165+180)/3 = 480/3
Average revenue for year 2014(in thousands) = (180+150+135)/3 = 465/3
Here, Average annual revenue for 2012 is the highest.

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