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:
52 comments Page 5 of 6.

Chandra shekhar reddy said:   1 month ago
I too agree, option D is the correct answer.

Vinayak said:   1 decade ago
I don't no to fast division. How calculate fast. Its take more time in this problem.

Satwika said:   4 weeks ago
Thanks for explaining.

Venkatesh said:   1 decade ago
Take the nearest value and then find average then you will get answer easily.

Stalin said:   1 decade ago
I don't think, we have a shortcut method to solve this problem,

Is there anyone knows the short cut method to solve this problem, because why do need to do shortcut is for Banking exams we will be having less time, if we spend this time for one question, I don't think we can solve all the problems.

Balluraj said:   1 decade ago
You have to practice regular more and more problems to increase your speed.

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.

Sandip said:   1 decade ago
Hi @Vinayak.... It's simple.

183.3 * 20
----------
5 * 20

= 3666
------
100

= 36.66.

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.

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


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