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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