The table shows the annual expenses on various heads made by a firm during 2014 - 2018. What is the average expenditure per head of 2016? Year Particulars Raw Materials Wages Administration Delivery Finance 2014 50000 15000 40000 20000 20000 2015 90000 20000 40000 25000 25000 2016 45000 22500 47500 25000 25000 2017 60000 20000 40000 25000 40000 2018 7500 25000 50000 30000 45000
The table shows the annual expenses on various heads made by a firm during 2014 - 2018. What is the average expenditure per head of 2016? Year Particulars Raw Materials Wages Administration Delivery Finance 2014 50000 15000 40000 20000 20000 2015 90000 20000 40000 25000 25000 2016 45000 22500 47500 25000 25000 2017 60000 20000 40000 25000 40000 2018 7500 25000 50000 30000 45000 Correct Answer Rs. 33,000
Total expenditure per head of 2016 = 45,000 + 22,500 + 47,500 + 25,000 + 25,000 = Rs. 165000
Now, Average expenditure per head of 2016 = (The total expenditure per head of 2016)/Number of head = 165000/5 = Rs. 33,000
∴ The average expenditure per head of 2016 is Rs. 33,000.
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Feb 20, 2025