Average daily wage of 50 workers of a factory was Rs. 200. Each worker is given a raise of Rs. 20. What is the new average daily wage?
Increase in wages of each worker = Rs. 20
Total increase in wages = 50 × 20 = Rs. 1,000
Total wages after increase in wages = 10,000 + 1,000 = Rs. 11,000
New average daily wage = ∑XN=11,00050=Rs.220
Thus, mean wage will increase by Rs.20.