The annual salaries (in Rs. In ’000s) of employees in an organization is given below. The total salary of 10 employees in the class 30 – 40 and above is 9,00,000. Compute the mean salary. Every employee belonging to the top 25% of earners has to pay 5% of his salary to the workers relief fund. Estimate the contribution to relief fund.
Salary No.of Employees
Below 10 4
10 -20 6
20 – 30 10
30 – 40 20
Above 40 10
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