Question
In an office of 35 employees, the average salary is
₹48,000. One employee earning ₹45,000 resigns, and 4 new employees with an average salary of ₹50,000 join. When the manager’s salary is also included, the average salary becomes ₹49,000. What is the salary of the manager?Solution
Initial total salary = 35 × 48000 = ₹16,80,000
The sum of salaries of 4 new employees = 4 × 50000 = ₹2,00,000 Let the salary of the manager be ‘y’ rupees.
New total salary without manager = 1680000 - 45000 + 200000 + y = (18,35,000 + y)
New total number of people = 35 - 1 + 4 + 1 = 39
New total salary = 39 × 49000 = ₹19,11,000
So, manager’s salary = 1911000 - 1835000 = ₹76,000
How much funding has been allocated for the RAMP Scheme over a period of five years?
How much did Zomato agree to pay for acquiring Paytm's movie and events ticketing business?
Which country has set the record of having the longest passenger train in the world?
What is the percentage of Scheduled Tribes in the Total Population of Uttar Pradesh?
The first Locker on Wheel service was started in Shatabdi Express in which year?
Which former executive of Care Ratings has been barred by SEBI from associating with any stock market intermediary for two years?
When is World Thyroid Awareness Day observed?
Bharat Skill is the leading platform under min of Skill Development which plays important role in _______?
On the 146th Birth Anniversary of the famous Indian freedom struggle personality who designed the Indian Flag, the government has launched the Postage...
The distance between the two latitudes is approximately ___________.
Relevant for Exams:
