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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


Team Careers360 11th Jan, 2024
Answer (1)
Team Careers360 19th Jan, 2024

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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