In a company, the average salary of 5 junior employees is Rs. 30,000, and that of 4 senior employees is Rs. 60,000. What is the combined average salary?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. Rs. 43,333.33.
Total salary of junior employees = 5 × 30000 = 150000
Total salary of senior employees = 4 × 60000 = 240000
Total employees = 5 + 4 = 9
Total salary = 150000 + 240000 = 390000
Average salary = 390000/9 = 43333.33