Step 1: Assume the initial average.
Let the average runs for the first 15 tests be \(x\).
So, the total runs in 15 tests = \(15x\).
Step 2: Add the 16th test runs.
In the 16th test, he scores 124 runs.
So, the total runs after 16 tests = \(15x + 124\).
Step 3: Write the condition for increased average.
The new average = \(x+4\).
Also, new average = \(\dfrac{15x + 124}{16}\).
\[ \dfrac{15x + 124}{16} = x+4 \]
Step 4: Solve the equation.
\(15x + 124 = 16x + 64\)
\(\Rightarrow 124 - 64 = 16x - 15x\)
\(\Rightarrow x = 60\).
Step 5: Find the new average.
New average = \(x+4 = 60+4 = 64\).
\[\boxed{64}\]
A company has $50{,}000$ preferred shares with dividend $20\%$ and $20{,}000$ common shares; par value of each share is ₹ 10. The total profit is $₹ 1{,}80{,}000$, of which $₹ 30{,}000$ is kept in reserve and the rest distributed to shareholders. Find the dividend percent paid to common shareholders.
A man buys apples at a certain price per dozen and sells them at eight times that price per hundred. What is his gain or loss percent?
$X=$ Average profit amount of all items; $Y=$ Average discount amount of all items. Decide the relation between $X$ and $Y$.
The captain of a cricket team of 11 members is 26 years old and the wicket keeper is 3 years older. If the ages of these two are excluded, the average age of the remaining players is one year less than the average age of the whole team. Find the average age of the team.