What is the average amount (in ₹) paid by the company on fuel and transport per year from 2015 to 2019?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is Option 1 i.e.1,17,200.
We know that,
Average = Sum of observations/Number of observations
Now,
The expenditure by the company on fuel and transport per year from 2015 to 2019 = (98 + 112 + 101 + 133 + 142) = 586
586 in thousands = 58600
Average = 58600/5 = 117200