Question

In a college, the average salary of all the employees is Rs. $4,000$ per month. If there is an increment of $40\%$ in salary of all the employees, find the new average of salaries.

Answer 1

Since the average salary is given as Rs. 4,000 per month and the increase in all salaries is same (i.e., 40%), therefore new average salary
= Average salary $\times$ 40% of average salary
$=Rs.(4000+\frac{40}{100}\times 4000)$
$=Rs.(4000+1600)$
$=Rs.5600$