The average salary of 5 managers and 25 engineers in a company is 60000 rupees. If each of the managers received 20% salary increase while the salary of the engineers remained unchanged, the average salary of all 30 employees would have increased by 5%. The average salary, in rupees, of the engineers is
Correct Answer :
54000
Solution :
The correct option is 54000.
Let us break down the problem step-by-step to understand how to arrive at this answer.
Step 1: Understand the initial state of the employees' salaries
The company has 5 managers and 25 engineers, making a total of 30 employees.
The initial average salary of these 30 employees is 60,000 rupees.
Therefore, the total initial salary of all 30 employees can be calculated as:
Let the average salary of the managers be
and the average salary of the engineers be
.
The sum of the salaries of the 5 managers is
,
and the sum of the salaries of the 25 engineers is
.
So, we can write our first equation:
Dividing the entire equation by 5 simplifies it to:
We will refer to this as Equation (1).
Step 2: Analyze the effect of the salary increase
Each of the 5 managers receives a 20% salary increase, while the engineers' salaries remain unchanged.
A 20% increase in each manager's salary means the total increase in the managers' salary pool is:
This increase in the total salary pool causes the average salary of all 30 employees to increase by 5%.
The increase in the overall average salary is:
The total increase in the salary pool of all 30 employees is:
Since the only source of this increase is the managers' 20% raise, the total increase in managers' salary must equal this total salary pool increase:
Thus, the average salary of the managers () is 90,000 rupees.
Step 3: Solve for the average salary of the engineers
Now we substitute the value of
into Equation (1):
Subtract 90,000 from both sides:
Divide by 5 to find
:
Therefore, the average salary of the engineers is 54,000 rupees.
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