What is the average amount invested in raw materials from year 1997 to 1999?
Answer & explanation
Correct answer: option 4
Average of raw material invested from 1997 to 1999 = \(\frac{375 + 330 + 525 }{3}\)
= \(\frac{ 1230 }{3}\)
= 410 lakh
What is the average amount invested in raw materials from year 1997 to 1999?
Correct answer: option 4
Average of raw material invested from 1997 to 1999 = \(\frac{375 + 330 + 525 }{3}\)
= \(\frac{ 1230 }{3}\)
= 410 lakh