Data Interpretation - Table Charts - Discussion

Discussion Forum : Table Charts - Table Chart 1 (Q.No. 1)
Directions to Solve

Study the following table and answer the questions based on it.

Expenditures of a Company (in Lakh Rupees) per Annum Over the given Years.

Year Item of Expenditure
Salary Fuel and Transport Bonus Interest on Loans Taxes
1998288983.0023.483
19993421122.5232.5108
20003241013.8441.674
20013361333.6836.488
20024201423.9649.498


1.
What is the average amount of interest per year which the company had to pay during this period?
Rs. 32.43 lakhs
Rs. 33.72 lakhs
Rs. 34.18 lakhs
Rs. 36.66 lakhs
Answer: Option
Explanation:

Average amount of interest paid by the Company during the given period

    = Rs. [ 23.4 + 32.5 + 41.6 + 36.4 + 49.4 ] lakhs
5

    = Rs. [ 183.3 ] lakhs
5

    = Rs. 36.66 lakhs.

Discussion:
56 comments Page 4 of 6.

Towhid Hasan said:   2 months ago
The average amount of interest the company had to pay during this period = (23.4 + 32.5 + 41.6 + 36.4 + 49.4)/5.
= 96.66 lakhs.
(1)

AVISALA V GAGAN CHANDUDHAR REDDY said:   2 months ago
Please explain me in detail.
(1)

Pragnya satwika said:   4 months ago
Avg = sum of observations รท no of observations.

Please correct me if I am wrong.
(1)

Chandra shekhar reddy said:   4 months ago
I too agree, option D is the correct answer.
(1)

ILOH MIRACLE said:   8 months ago
Yes, I agree D is the correct option.
(1)

Kumar said:   1 decade ago
Yes I agree with you Sagar.
(1)

Amit said:   1 decade ago
Is there is any short cut to solve this problem?
(1)

Mohan said:   1 decade ago
Come on guys..... It's just a problem of finding average...... What's the need for more short cut?...... Any way sagar's answer is more than enough.... Multiplying nr and dr makes it more easy to calculate with eyes.
(1)

Appu said:   1 decade ago
What nearest value?
(1)

P.sivareddy said:   1 decade ago
It is very simple no need of shortcut.
(1)


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