Question 53

Table shows the annual Expenditure of a Company (in Lakh Rupees) over the years.

What is the average amount of Interest on loans (in Lakh rupees) which the company paid during the period 1998 to 2002?

Solution

As per the given data,

Total amount of interest on loans $$=23.4+32.5+41.6+36.4+49.4=183.3$$

Hence, average amount of interest on loans $$\dfrac{183.3}{5}=36.7 =36.66$$lakhs

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