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    The given table shows the details of the expenditure incurred (in ₹ crores) by a tea garden from 2013 to 2017. Study the table carefully and answ
    Question

    The given table shows the details of the expenditure incurred (in ₹ crores) by a tea garden from 2013 to 2017. Study the table carefully and answer the following question.

    Year
    Items of Expenditure (₹ in Crores)
    Salary
    Fuel etc.
    Bonus
    Interest on loans
    Taxes
    2013
    60.5
    20
    0.8
    4.88
    18.6
    2014
    68.4
    23.4
    0.4
    7
    22.6
    2015
    62.8
    19.4
    0.86
    8.85
    16.8
    2016
    67.2
    28.8
    0.89
    6.28
    17.5
    2017
    84
    30.2
    0.96
    10.11
    21.6

    The range of expenditure incurred over the five-year period is most similar for which of the following items of expenditure?

    A.

    Salary and Taxes

    B.

    Salary and Fuel etc

    C.

    Fuel etc and Interest on Loans

    D.

    Interest on Loans and Taxes

    Correct option is D

    Concept used:

    Range = Maximum value − Minimum value

    Solution:

    Salary:

    Values: 60.5 , 68.4 , 62.8 , 67.2 , 84

    Range = 84 − 60.5 = 23.5

    Fuel etc:

    Values: 20 , 23.4 , 19.4 , 28.8 , 30.2

    Range = 30.2 − 19.4 = 10.8 

    Bonus:

    Values: 0.8 , 0.4 , 0.86 , 0.89 , 0.96

    Range = 0.96 − 0.4 = 0.56

    Interest on Loans:

    Values: 4.88 , 7 , 8.85 , 6.28 , 10.11

    Range = 10.11 − 4.88 = 5.23

    Taxes:

    Values: 18.6 , 22.6 , 16.8 , 17.5 , 21.6

    Range = 22.6 − 16.8 = 5.8

    The range of expenditure that is most similar over the five-year period is between Interest on Loans (5.23) and taxes (5.8)

    Thus, correct answer is (d) Interest on Loans and Taxes

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