Question

In an Organisation of Elan Musk, The total monthly salary of 26 employees is $131,300. The salary of one of the employee is 110% of the average salary. Then,

a) The monthly salary of an employee is above $5000.

b) The average salary of the employee is below $5000.

Choose the correct option(s) ∶ 

1. Only a 
2. Only b 
3. Both a and b
4. neither a nor b

Answer 1

Correct Answer - Option 1 : Only a 

Given∶

Salary of 26 employee = $ 131,300

Salary of one of the employee is 110% of the average salary.

Formula Used∶

Basics of Percentage.

Calculation∶

Average salary,

⇒ 131300/26 = 5050

Average salary is $ 5050

So, statement b is wrong.

So, required salary,

⇒ 5050 

× (110/100) = $ 5555

So, statement a is correct.

∴ The correct option is 1( Only a).