Multiple choice

Directions: Study the given table and answer the question that follows. The table represents the expenditure of a company (in thousand rupees) per annum over the given year. Year Expenditure Salary Transport Interest Tax 2018 200 90 3 80 2019 250 100 2.5 100 2020 300 120 3 70 2021 350 130 3.5 80 What is the average amount of salary the company is required to pay per year over the four-year period?

  1. Rs. 2,80,000

  2. Rs. 3,00,000

  3. Rs. 2,00,000

  4. Rs. 2,75,000

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Salaries: 200 + 250 + 300 + 350 = 1100. Average = 1100 / 4 = 275. Since values are in thousands, the average is 275,000.

AI explanation

Using the formula for calculating a simple average, we sum the salaries and divide by the total number of years. The total salary paid over the four years is 200 + 250 + 300 + 350 = 1100 thousand rupees. Dividing this sum by 4 gives an average of 275 thousand rupees per year. Since the values in the table are in thousands, the result is Rs. 2,75,000.