Study the given pie-chart and answer the question that follows.
The pie-chart shows the percentage of employees in various departments of a company having a total workforce of 7,200.
If out of the total salary budget, 30% is used to give salaries to the sales department and the average salary of an employee from the sales department is ₹48,000, then find the total salary budget (in crores).
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. 23.04
Total employees = 7200
Sales department = 20% of 7200 = 1440 employees
Average salary in sales = ₹48,000
Total salary paid to sales = 1440 × 48,000 = ₹6,91,20,000
This is 30% of total salary budget. So,
Let total salary budget = x
30% of x = 6,91,20,000
⇒ x = 6,91,20,000 ÷ 0.30
⇒ x = ₹23,04,00,000 = ₹23.04 crores