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Instructions
Study the following table and answer the questions given below it. Expenditures of a company (in Lakh) per annum over the Items
Question 56
What is the average amount of interest per year which the company had to pay during this period ?
Solution
Total interest paid
= 23.4 + 32.4 + 41.6 + 36.4 + 49.4 = 183.2 lakh
=> Required average = $$\frac{183.2}{5}$$
= 36.64 lakh
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