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What is the average amount of interest per year which the company had to pay during this period?
- Rs. 32.43 lakhs
- Rs. 33.72 lakhs
- Rs. 34.18 lakhs
- Rs. 36.66 lakhs
Correct answer: Rs. 36.66 lakhs
Solution
The question asks for the mean interest paid per year over the given period. After adding the interest values for all years in the data and dividing by the number of years, the average comes to Rs. 36.66 lakhs.
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