What was the average expenditure (in ₹ lakh) on transport per year that the factory had to pay during the given period?

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Question

What was the average expenditure (in ₹ lakh) on transport per year that the factory had to pay during the given period?

![image.png](https://res.cloudinary.com/aptidude/image/upload/v1746860408/aptidude_questions/mlwe25erqkww0piz70wl.png)

Accepted Answer

To find the average expenditure on transport per year over the given period (1998 to 2001), we first sum the transport expenditures for all four years and then divide by the number of years.

Transport expenditures:
1998 = 38 lakh
1999 = 45 lakh
2000 = 57 lakh
2001 = 63 lakh

Sum = 38 + 45 + 57 + 63 = 203 lakh
Number of years = 4

Average = Total sum / Number of years = 203 / 4 = 50.75 lakh

Hence, the average expenditure on transport per year during the given period is ₹50.75 lakh.

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