Dear Mockbankers

Today in **Banker’s Bounty,** you will get** Averages **concepts and questions from previous year’s papers.

Step 1: Watch the video prepared by MockBank’s expert.

Step 2: Read the basic concepts that follow.

Step 3: Put a timer before you solve the previous year questions on decimal and fraction in quiz and record how much time it takes you to solve it.

Step 4: Send us questions in comments section below which took maximum time and we will tell you a faster way to solve it.

Suppose there are N numbers, then their average is their sum divided by that is,

Average=(sum / N)

Weighted Average: The average between two sets of numbers is closer to the set with more numbers.

if 3 batsmen scored 25 runs and 2 batsmen scored 35 runs the average of the team won’t be 30. Rather it will be

= (25×3 + 35×2 )/5 = 29 . This is nearer to 25 since more batsmen scored 25 runs.