Directions: Study the below given table and answer the given question based on it.
Year Salary Fuel and Transport Bonus Interest on Loans Taxes
1998 288 98 3.00 23.4 83
1999 342 112 2.52 32.5 108
2000 324 101 3.84 41.6 74
2001 336 133 3.68 36.4 88
2002 420 142 3.96 49.4 98
The total expenditure of the company over these items during the year 2001 is:

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  1. 599.08 lakhs
  2. 497.08 lakhs
  3. 597.08 lakhs
  4. 537.88 lakhs

Answer (Detailed Solution Below)

Option 3 : 597.08 lakhs
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Detailed Solution

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Given:

Year Salary Fuel and Transport Bonus Interest on Loans Taxes
2001 336 133 3.66 36.4 88

 

Formula used:

Total Expenditure = Salary + Fuel and Transport + Bonus + Interest on Loans + Taxes

Calculations:

Total Expenditure in 2001 = 336 + 133 + 3.68 + 36.4 + 88

Total Expenditure in 2001 = 597.08

∴ The total expenditure of the company over these items during the year 2001 is 597.08.

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