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
Question
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
Solution
To find the average amount of interest per year which 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 lakh rupees 1999: 32.5 lakh rupees 2000: 41.6 lakh rupees 2001: 36.4 lakh rupees 2002: 49.4 lakh rupees
Adding these up gives a total of 183.3 lakh rupees.
There are 5 years in the period from 1998 to 2002, so we divide the total by 5 to find the average:
183.3 / 5 = 36.66 lakh rupees
So, the average amount of interest per year which the company had to pay during this period is Rs. 36.66 lakhs.
Similar Questions
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
If a company has RM200,000 in Costs of goods sold, RM 15,000 inventories and RM 12,500 inventories. What is its average payment period?
Select the correct answerFind the simple interest on Rs. 800 at 7% per annum and on Rs. 700 at 16% p.a. and on Rs. 500 at 4% p.a. for 2 years.
if we want to calculate annual increase in a firm then which of the following average will be used?
If the expenditure of company X for the year 2006 is 45 lakhs, then what is the expenditure of company Y for the same year?96 lakhs72 lakhs84 lakhsNone of these
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.