Question

The profits of a company for four years are 20000 naira,25000 naira ,10000 naira and 5000 naira find the average yearly profit

Answer 1

To find the average yearly profit, we need to sum up the profits for the four years and then divide it by the number of years:

Sum of profits = 20000 + 25000 + 10000 + 5000 = 60000 naira
Number of years = 4

Average yearly profit = Sum of profits / Number of years = 60000 / 4 = 15000 naira

Therefore, the average yearly profit is 15000 naira.