Question 11

Expenditures of a Company (in Lakh Rupees) per Annum Over the given Years was as under.

What is the average salary expenditure(in Lakh Rupees) per Annum during this period?

Solution

Average Salary Expenditure (in Lakh Rupees) per annum = Total salary expenditure in all these years$$\div$$Total number of years

= $$\frac{576+682+648+672+740}{5}$$

= 663.6

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