What is the average amount of interest per year which the company had to pay during this period ?
(a)₹ 32.43 lakhs
(b)₹ 33.72 lakhs
(c)₹ 34.18 lakhs
(d)₹ 35.69 lakhs
(e)₹ 36.66 lakhs
Answer
Answer (as printed): E
Explanation
Total amount of interest paid during the period $$\begin{aligned} & =₹(23.4+32.5+41.6+36.4+49.4) \text { lakhs } \\ & =₹ 183.3 \text { lakh } \end{aligned}$$ Average amount of interest paid per year $$=₹\left(\frac{183.3}{5}\right) \text { lakh }=₹ 36.66 \text { lakh. }$$
Explanation as extracted from the printed page; notation may be imperfect.