Last year the average salary of the 10 employees of company x was $42,800. What is the average salary of the same 10 employees this year?
a) For 8 of the 10 employees, this year's salary is 15 percent greater than last year's salary.
b) For 2 of the 10 employees, this year's salary is the same as last year's salary.
Average Salary
This topic has expert replies
-
- Legendary Member
- Posts: 576
- Joined: Sat Mar 13, 2010 8:31 pm
- Thanked: 97 times
- Followed by:1 members
neither of the statement is not sufficient alone.
combining ,let 8 employee had salary 100x last year and 2 had 100y last year
so average 800x+200y/10=80x+20y=42800
or 4x+y=2140
this year average is (115*8) x+200y/10=920x+200y/10=92x+20y=23(4x+y)-3y
unless we know y average cannot be calculated.
hence ans E
combining ,let 8 employee had salary 100x last year and 2 had 100y last year
so average 800x+200y/10=80x+20y=42800
or 4x+y=2140
this year average is (115*8) x+200y/10=920x+200y/10=92x+20y=23(4x+y)-3y
unless we know y average cannot be calculated.
hence ans E
"If you don't know where you are going, any road will get you there."
Lewis Carroll
Lewis Carroll