Average Formula For Bank Exams: Average formula pdf for bank exams is available in this average formula for bank exams article. Candidates who are getting ready for their forthcoming bank exams and other competitive exams such as SSC CHSL, SSC CGL, SSC MTS, railways and more can utilize this average formula pdf for bank exams in this average formula for bank exams article. Average is one of the most significant topics of the quantitative aptitude section of the bank exams like SBI clerk, SBl PO, IBPS Clerk, IBPS PO, RRB Clerk, RRB PO, RBI assistant, and other insurance exams. The average in the quantitative aptitude section plays a major role in the bank exams. A question paper is incomplete without this average for the quantitative aptitude section of the bank exams. In this average formula for bank exams article, we have provided the average formula for bank exams for the candidates to make their calculations simple by using the average formula in the bank exams and other competitive exams. So candidates should exploit this average formula for bank exams to score high marks by using this average formula for bank exams article. You can also download the average formula pdf for bank exams which is attached in this average formula for bank exams article for your future reference. 

The average formula for bank exams post covers the average formula for bank exams, average questions tricks for bank exams by using this average formula for bank exams, average questions examples by using the average formula for bank exams, average formula pdf for bank exams, deviation formula, how are averages calculated and various types of average formula for bank exams table are added here. Candidates shall utilize this average formula for bank exams article to know different types of average formula for bank exams to make your exams easier. Here we have added the average formula for bank exams. Aspirants in search of average formula, how are averages calculated, average formula in maths, how is average calculated by applying the average formula and average formula calculator. Candidates shall make use of this average formula for bank exams by reading this average formula for bank exams article or download the average formula pdf for bank exams which is attached in this ave5rage formula for bank exams article. The average formula for bank exams is one of the most used formulas in aptitude. Average is a very significant concept in the quantitative aptitude section of the bank exams which is applicable for almost most of the questions of the aptitude section of the bank exams and other competitive exams. Aspirants must go through this average formula for bank exams article to be proficient with the average formula for bank exams.

What is Average?

Average formula: Average is calculated by dividing the sum of all values by the total number of values. This is the method to solve the average questions by using the average formula for bank exams. 

• Average Formula = Sum of all values / Total number of values

Average Formula PDF For Bank Exams

Average formula in maths PDF: Average formula pdf is uploaded in this post for the aspirants to practice more average questions for bank exams by using this average formula for bank exams. Candidates who want to score more marks with speed and accuracy while solving the average questions in the bank exams can download this average formula pdf for bank exams which attached in this average formula for bank exams article and start practicing for your future exams.

Download the average formula pdf for bank exams

 

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How are Averages Calculated?

Average formula in Quantitative aptitude: Here we have provided the brief explanation about how are averages calculated by using the average formula in this average formula for bank exams article. The candidates who are going to appear for the upcoming bank exams and other competitive exams must know how are averages calculated in the exams. The averages are calculated by both the traditional method and the formula method. The traditional method of calculating averages is more lengthy and time-consuming. If you apply the average formula to calculate average questions will be helpful to solve simple and saving your time. So candidates can use the average formula method to calculate averages in competitive exams. So here you will get to know how are averages calculated by using the average formula for bank exams. This average formula for bank exams article and average formula pdf contains an important average formula for bank exams and how are averages calculated by using the average formula and their detailed explanation.

 

Average Formula For Bank Exams

Average formula aptitude: Average formula for bank exams is provided in the table given below for the candidates who are sincerely preparing for their forthcoming bank exams and other competitive exams like ssc chsl, ssc cgl, ssc mts, railways and more. Aspirants can exploit this average formula for bank exams table to be proficient with the average formula for bank exams topic. The average formula for bank exams table contains all the various average formulas to find the average for different types of average questions for bank exams. So by utilizing this average formula for bank exams you will learn how are averages calculated for the competitive exams.

 

Average Formula For Bank Exams
S. No	Average	Formula
1.	Average	Sum of all values / Total number of values
2.	Sum of all values	Average x Total number of values
3.	The average of first n natural numbers	(n +1) / 2
4.	The average of the squares of first n natural numbers	(n +1)(2n+1 ) / 6.
5.	The average of cubes of first n natural numbers	n(n+1)2 / 4
6.	The average of first n odd numbers	(last odd number +1) / 2
7.	The average of first n even numbers	(last even number + 2) / 2
8.	The average of squares of first n consecutive even numbers	2(n+1)(2n+1) / 3
9.	The average of squares of consecutive even numbers till n	(n+1)(n+2) / 3
10.	The average of squares of squares of consecutive odd numbers till n	n(n+2) / 3
11.	If the average of n consecutive numbers is m, then the difference between the smallest and the largest number	2(m-1)
12.	If the number of quantities in two groups be n1 and n2 and their average is x and y respectively, then the combined average	(n1x+n2y) / (n1+ n2)
13.	The average of n quantities is equal to x. When a quantity is removed, the average becomes y. Then the value of the removed quantity	n(x-y) + y
14.	The average of n quantities is equal to x. When a quantity is added, the average becomes y. Then the value of the new quantity	n(y-x) + y

 

Deviation Formula

Average derivation formula: The deviation formula is provided in the average formula for bank exams article as well as average formula for bank exams pdf. The deviation is the difference of any value from a reference. The deviation is calculated on the basis of the old average. The deviation formula is, 

Deviation = (new average - old average) * total number of terms

 

Examples of Average Questions 

Average formula in maths example: The examples of average questions with answers are provided here. By utilizing these average examples you will come to know how are averages calcluated. These examples of average questions are solved by using the average formula for bank exams which is provided in this average formula for bank exams article. Candidates can download the average formula pdf for bank exams here to know how are averages calculated for the upcoming bank exams and other competitive exams.

Example 1: The total age of a set of 1000 employees in an IT company is 23000. What is the average age of a single employee?

Solution: Total sum of all ages= 23,000

Total number of employees=1000

By formula, average age= 23000/1000=23

Hence, the average age of an employee is 23 years.

Example 2: The average weight of 35 persons is increased by 2 kg when one of them whose weight is 50 kg is replaced by a new person. What is the weight of the new person?

Solution: The weight of the new person

= p + n(y – x)

= 50 + 35(2) = 120 kg

Example 3: What is the average of odd numbers from 1 to 30?

Solution: The required average

=(last odd number+1)/2

=(29+1)/2

= 15

Example 4:  Find the average of squares of consecutive odd numbers from 1 to 51. 

Solution: The required average

=(n (n+2))/3=(51×(51+2))/3=(51×53)/3=901

 

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Average Formula For Bank Exams: FAQs

Q. What is the formula to find average in bank exams?

A. Average Formula = Sum of all values / Total number of values

Q. What is the formula to calculate deviation? 

A. Deviation =(new average- old average)* total number of terms

Q. How to calculate the average of squares of consecutive even numbers till n by using formula? 

A. To find the average of squares of consecutive even numbers till n we can use the formula, (n+1)(n+2) / 3.

Q. What is the formula to find the average of first n natural numbers?

A. We can use the formula (n + 1) / 2 to find the average of first n natural numbers.