The following table gives the expenditure details of a family during the years 2011 to 2015 . Item of ExpenditureExpenditure (in ₹ Thousands) 20112012201320142015Total Food 800 900 1050 1200 1400…

Question

The following table gives the expenditure details of a family during the years 2011 to 2015 .

Item of Expenditure	Expenditure (in ₹ Thousands)
Item of Expenditure	2011	2012	2013	2014	2015	Total
Food	800	900	1050	1200	1400	5350
House Rent	150	150	210	240	300	1050
Clothing	75	100	130	170	250	725
Fuel and Electricity	30	40	50	60	70	250
Education	150	170	200	260	300	1080
Medical Expenses	75	90	100	110	150	525
Miscellaneous	220	250	260	360	430	1520
Total	1500	1700	2000	2400	2900	10500

In the light of the total expenditure for 2011, 2012, 2013, 2014 and 2015, what will be the likely expenditure in 2016 ?

Accepted Answer

C - ₹ $35,00,000$. Yearly totals were 1500, 1700, 2000, 2400 and 2900 thousand. The yearly increases are 200, 300, 400 and 500, each 100 more than the last, so the next increase is 600. That gives 2900 + 600 = 3500 thousand, or Rs 35,00,000.

Answer

A - ₹ $30,00,000$

Answer

B - ₹ $32,00,000$

Answer

D - ₹ $37,00,000$

The following table gives the expenditure details of a family during the years 2011 to 2015 . Item of ExpenditureExpenditure (in ₹ Thousands) 20112012201320142015Total Food 800 900 1050 1200 1400…

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