The following table shows the items of expenditure of a company(in ₹ lakh per annum), from 2015 to 2019.
|
Year |
Salary |
Fuel and transport |
Bonus |
Interest on loans |
taxes |
|
2019 |
250 |
90 |
5 |
23.5 |
80 |
|
2018 |
350 |
110 |
2.5 |
30 |
110 |
|
2017 |
325 |
100 |
3.5 |
40 |
70 |
|
2016 |
300 |
125 |
4 |
35 |
90 |
|
2015 |
400 |
140 |
3 |
45 |
100 |
What is the average amount of interest per year which the company had to pay during this period?
Answer & explanation
Correct answer: option 4
Average amount of interest per year = \(\frac{23.5 + 30 + 40 + 35 + 45 }{5}\)
= \(\frac{ 173.5 }{5}\)
= Rs. 34.7 lakh