The average monthly salary of 30 employees and 5 managers is Rs. 80000. One manager with salary Rs. 180000 is replaced by a new manager. If the average monthly salary now becomes Rs. 78500, then what is the monthly salary of the new manager?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. Rs. 127500.
| Understanding/Application |
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Average salary of 30 employees and 5 managers = Rs.80000 Total salary of 35 people = 35(80000) = Rs.2800000 One manager with salary 180000 is replaced with a new manager. Let the salary of a new manager be Rs.X ATQ - (2800000 - 180000 + X)/35 = 78500 2620000 + X = 2747500 |
| X = 2747500 - 2620000 = Rs. 1,27,500 |