Directions (1 - 5): Study the following table and answer the questions that are given below:
Expenditure of a Company (In Lakh Rupees) per Annum over the Given Years.
Items of Expenditure | Salary | Fuel and Transport | Bonus | Interest on Loans | Taxes |
Year ↓ | |||||
2007 | 288 | 98 | 3.00 | 23.4 | 83 |
2008 | 342 | 112 | 2.52 | 32.5 | 108 |
2009 | 324 | 101 | 3.84 | 41.6 | 74 |
2010 | 336 | 133 | 3.68 | 36.4 | 88 |
2011 | 420 | 142 | 3.96 | 49.4 | 98 |
What is the average amount of interest per year which the company had to pay during this period ?
A. Rs. 32.43 lakhs
B. Rs. 33.72 lakhs
C. Rs. 34.18 lakhs
D. Rs. 35.69 lakhs
E. Rs. 36.66 lakhs
Answer: Option E
Solution(By Examveda Team)
Total amount of interest paid during the period= Rs. (23.4 + 32.5 + 41.6 + 36.4 + 49.4) lakh
= Rs. 183.3 lakh
Average amount of interest paid per year
= $$\frac{183.3}{5}$$ lakh
= Rs. 36.66 lakh
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