?
What is the average amount of interest per year which the company had to pay during this period ?
Answer & Solution
Correct Answer:
Option
E
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
= 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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