Study the following table and answer the question. The yearly expenditure (in…
2026
Study the following table and answer the question.
The yearly expenditure (in lakh ₹) of a company over five years is given below:
Find the average amount of interest paid by the company during these five years (in lakh ₹).
Answer: A. 319.6 — To calculate the average interest paid, we must sum the interest values for all five years and then divide by the total number of years. Extract the interest…
- A.
319.6
- B.
287.5
- C.
252.1
- D.
322.4
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Show answer & explanation
Correct answer: A
To calculate the average interest paid, we must sum the interest values for all five years and then divide by the total number of years.
Extract the interest data from the table:
2001: 327
2002: 201
2003: 364
2004: 262
2005: 444
Calculate the total sum:
Total = 327 + 201 + 364 + 262 + 444 = 1598 lakh ₹
Calculate the average:
Average = Total / Number of years
Average = 1598 / 5 = 319.6 lakh ₹