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 5 of 6.

Ankur Jakhwala said:   1 decade ago
Please provide short cut method.
(1)

Rahul said:   1 decade ago
I think its very simple there is no need for any shortcut.
(1)

Aditi said:   1 decade ago
Please tell anyone.

How to know which column is to add?
(1)

Boosa.Appalaraju said:   1 decade ago
Here the table is simple with just 5-7 values.

What if the case is to more than 10 values and the range is less than 15 which is usually in exams like cat and in the latest format of cat it is very tough to manage time as we all know that the time limit is just 1.7minutes.

Then how could we waste the time in adding all those 10-15 numbers.

Is there any shortcuts for adding lot many as I mentioned the range.
(1)

Kartikeya prajapati said:   1 decade ago
Why we add all amount of bonus,

Why we can't add all amount of interest on loans and divided by 5.

Hammed Lematia said:   1 decade ago
The method was correct because an average is calculated by summing the column values, and then dividing the sum by the number of values in the column.

The average can be referred to as the Mean Value.

Ashok said:   1 decade ago
I am not understanding this, anyone explain me.

Divyadev said:   1 decade ago
Just read the question and try to understand, you will know what to do.

Stalin said:   1 decade ago
Venkatesh, said absolutely correct. Take the nearest value which is nothing but 36.4 which is the medium value. I hope you guys understand.

Gajendra chandelkar said:   1 decade ago
Any other short cut method?


Post your comments here:

Your comments will be displayed after verification.