ategory: Data InterpretationYear Salary Fuel and Transport Bonus Interest on Loans Taxes1998 288 98 3.00 23.4 831999 342 112 2.52 32.5 1082000 324 101 3.84 41.6 742001 336 133 3.68 36.4 882002 420 142 3.96 49.4 98Study the following table chart and answer the questions based on it. Expenditures of a Company(in Lakh Rupees) per Annum Over the given Years.What is the average amount of interest per year that the company had to pay during this period?Rs. 36.66 lakhsRs. 36.26 lakhsRs. 36.36 lakhsRs. 36.06 lakhs
Question
ategory: Data InterpretationYear Salary Fuel and Transport Bonus Interest on Loans Taxes1998 288 98 3.00 23.4 831999 342 112 2.52 32.5 1082000 324 101 3.84 41.6 742001 336 133 3.68 36.4 882002 420 142 3.96 49.4 98Study the following table chart and answer the questions based on it. Expenditures of a Company(in Lakh Rupees) per Annum Over the given Years.What is the average amount of interest per year that the company had to pay during this period?Rs. 36.66 lakhsRs. 36.26 lakhsRs. 36.36 lakhsRs. 36.06 lakhs
Solution
To find the average amount of interest per year that the company had to pay during this period, we need to add up all the interest payments and then divide by the number of years.
From the table, the interest payments for each year are as follows:
1998: 23.4 1999: 32.5 2000: 41.6 2001: 36.4 2002: 49.4
Adding these up gives us a total of 183.3 lakh rupees.
There are 5 years in the period, so we divide the total by 5 to find the average:
183.3 / 5 = 36.66
So, the average amount of interest per year that the company had to pay during this period is Rs. 36.66 lakhs.
Similar Questions
Study the following table and answer the questions based on it.Expenditures of a Company (in Lakh Rupees) per Annum Over the given Years.Year Item of ExpenditureSalary Fuel and Transport Bonus Interest on Loans Taxes1998 288 98 3.00 23.4 831999 342 112 2.52 32.5 1082000 324 101 3.84 41.6 742001 336 133 3.68 36.4 882002 420 142 3.96 49.4 981.What is the average amount of interest per year which the company had to pay during this period?Rs. 32.43 lakhsRs. 33.72 lakhsRs. 34.18 lakhsRs. 36.66 lakhs
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