Multiple choice

Directions: Answer the question on the basis of the given table. Payment of a company (in lakh rupees) per annum over the given years | Year | Items for Payment | | --- | --- | | | Salary | Transport | Diwali Bonus | Interest on Loan | Taxes | | --- | --- | --- | --- | --- | --- | | 2011 | 250 | 60 | 2.50 | 22.5 | 75 | | 2012 | 320 | 80 | 2.42 | 30.5 | 105 | | 2013 | 310 | 75 | 3.20 | 40.5 | 65 | | 2014 | 318 | 95 | 3.25 | 35.5 | 77 | | 2015 | 400 | 105 | 4.00 | 50.4 | 98 | What is the average interest on loan per year of the company?

  1. 35.88 lakh

  2. 35 lakh

  3. 34.55 lakh

  4. 34 lakh

  5. 35.82 lakh
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A Correct answer
Explanation

Sum of interest on loan: 22.5 + 30.5 + 40.5 + 35.5 + 50.4 = 179.4. Average = 179.4 / 5 = 35.88.

AI explanation

To find the average interest on loan per year, sum the interest paid across all five years. Adding 22.5, 30.5, 40.5, 35.5, and 50.4 gives a total of 179.4 lakh rupees. Divide this sum by 5 years to get an average of 35.88 lakh rupees. The result is 35.88 lakh.

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