LIVE Course for free

Rated by 1 million+ students
Get app now
0 votes
in Mathematics by (59.8k points)
closed by
The average salary of a company increases by 1000 when the salary of the manager, which is Rs. 95000, is included. If the number of employees excluding the manager is 64, what is the final average salary of the company including the manager?
1. Rs.30,000
2. Rs.31,000
3. Rs.35,000
4. Rs.32,000

1 Answer

0 votes
by (117k points)
selected by
Best answer
Correct Answer - Option 2 : Rs.31,000


When manager is included,

Average increase in salary = Rs. 1000

Salary of manager = Rs. 95,000

Total employees excluding manager = 64

Formula Used:

Average = (Sum of salaries) / Number of people


Let the average salary of the company excluding the manger be x.

After addition of Manager's salary, the average increases by 1000

⇒ 64x + 95000 = 65 × (x + 1000)

⇒ 64x + 95000 = 65x + 65000

⇒ x = 30,000

The final average salary = 30,000 + 1000 = Rs. 31000

∴ The final average salary of the company is Rs.31,000.

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.