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Source: GMAT Prep
A certain company had an annual profit of $15 million in 1998 and an annual profit of $20 million in 1999. In 2000 the company had an annual loss of $5 million. What was the company's average (arithmetic mean) annual profit for the 3 years?
A. $5 million
B. $10 million
C. $13 million
D. $20 million
E. $25 million
The OA is B
A certain company had an annual profit of $15 million in 1998 and an annual profit of $20 million in 1999. In 2000 the company had an annual loss of $5 million. What was the company's average (arithmetic mean) annual profit for the 3 years?
A. $5 million
B. $10 million
C. $13 million
D. $20 million
E. $25 million
The OA is B
