The mean salary of 24 workers is ₹ 15000.If the salary of manager is added, then mean will increase by ₹ 1000.Find the salary of manager?
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Question:-
- The mean salary of 24 workers is ₹ 15000.If the salary of manager is added, then mean will increase by ₹ 1000.Find the salary of manager?
Answer:-
Average salary of 24 employees = 1500
After Including Managers salary, Average salary of 21 employees = 15000+1000 =16000
Let the Managers Monthly salary be ‘x’
So, (Sum of all observations) /25 = 16000
Here, sum of all observations = 15000*24 + x = 360,000 + x
So, (360,000 +x)/25 =16000
360,000+x = 400,000
x = 40,000
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