Question
Download Solution PDFThe following table shows the expenditure of a company from the year 2018 to 2022. What is the average amount of tax per year which the company had to pay during this period?
|
Year |
Expenditure (in lakh) |
||||
|
Fuel and Transport |
Taxes |
Bonus |
Interest on loans |
Salary |
|
|
2018 |
98 |
100 |
1.5 |
25.5 |
325 |
|
2019 |
120 |
105 |
2.4 |
36.6 |
400 |
|
2020 |
114 |
102 |
3.8 |
42.8 |
422 |
|
2021 |
128 |
98 |
3.9 |
38.4 |
425 |
|
2022 |
140 |
92 |
4.2 |
48.5 |
440 |
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFCalculation:
Average amount of tax is ,
(100 + 105 + 102 + 98 + 92) / 5
⇒ 497 / 5 = 99.4 lakh
∴ The correct option is 2
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