Question : The following table shows the expenditure of a company from the year 2018 to 2022. What is the average amount of tax per year that the company had to pay during this period?
| Year | Expenditure (in lakhs) | ||||
|
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 | 42.2 | 422 |
| 2021 | 128 | 98 | 3.0 | 38.4 | 425 |
| 2022 | 140 | 92 | 4.2 | 48.5 | 440 |
Option 1: 90.2 lakhs
Option 2: 99.4 lakhs
Option 3: 91.4 lakhs
Option 4: 92.5 lakhs
Correct Answer: 99.4 lakhs
Solution :
Total Tax = Tax
2018
+ Tax
2019
+ Tax
2020
+ Tax
2021
+ Tax
2022
= 100 + 105 + 102 + 98 + 92 = 497
Number of Years = 5
$\therefore$ Average Tax = $\frac{\text{Total Tax}}{\text{Number of years}}=\frac{497}{5}$ = 99.4 lakhs
Hence, the correct answer is 99.4 lakhs.
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