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Get access to the detailed solutions to the previous years questions asked in IIFT exam
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.