Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Quantitative Reasoning

Topic

Data Interpretation & Stats

Question:

The following table shows the expenditure of a family from the year 2020 to 2022. What is the average amount of expenses on interest on loans in this period of time ?

Items


Expenditure (in Rs. )

Year 2020 Year 2021 Year 2021
Food  98000 76500 70000
Transportation   20000 22000 18000
Fees 100000 115000 120000
Interest on loans 86000 96000 100000
Options:

Rs. 94, 000

Rs. 90,000

Rs. 96, 000

Rs.1,00,000

Correct Answer:

Rs. 94, 000

Explanation:

Average amount of expenses on interest on loans in all the three years

= \(\frac{86000 + 96000 + 100000}{3}\)

= \(\frac{282000}{3}\)

= 94000