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Question
Compute average profit from the following information.
2016: ₹ 8,000; 2017: ₹ 10,000; 2018: ₹ 9,000
Solution
Average profit = `"Total profit"/"No. of Years"`
= `(8,000 + 10,000 + 9,000)/3`
Average profit = ₹ 9,000
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