Question
Download Solution PDFThe salaries of T in twelve months of a year are: ₹12,000, ₹12,000, ₹12,000, ₹15,000, ₹15,000, ₹15,000, ₹21,000, ₹21,000, ₹21,000, ₹30,000, ₹30,000, ₹30,000. The average salary of T per month in ₹ is _______.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Salaries in 12 months: ₹12,000, ₹12,000, ₹12,000, ₹15,000, ₹15,000, ₹15,000, ₹21,000, ₹21,000, ₹21,000, ₹30,000, ₹30,000, ₹30,000.
Formula used:
Average Salary = (Sum of all salaries) / (Number of months)
Calculation:
Sum of all salaries = ₹12,000, ₹12,000, ₹12,000, ₹15,000, ₹15,000, ₹15,000, ₹21,000, ₹21,000, ₹21,000, ₹30,000, ₹30,000, ₹30,000.
⇒ Sum of all salaries = ₹234,000
Number of months = 12
Average Salary = ₹234,000 / 12
⇒ Average Salary = ₹19,500
∴ The correct answer is option (4).
Last updated on May 28, 2025
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