The sellary bill of company A having 60 employees is 9,00,000 per month and the salary bill of company B having 75 employees is 12,00,000 per. a) find the average salary of the employees in both the companies.b) which company is paying better average salary?
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Step-by-step explanation:
Average=No. of observationsSum of observations
Salary bill of company A having 60 employees = Rs.900000/ month
Average of salary of company A = \frac{900000}{60}=1500060900000=15000
Salary bill of company B having 75 employees = Rs.1200000/ month
Average of salary of company B =\frac{1200000}{75}=16000751200000=16000
Average salary of employees in both companies = \frac{900000+1200000}{60+75}=15555.5560+75900000+1200000=15555.55
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