Multiple choice

Directions: Study the given data table and answer the following question. Number of Employees Annual salary (in Rs. lakh) Bonus as percentage of annual salary Manager 3 54 60% Executive 5 8 30% Trainee 5 4 10% What is the average bonus (in rupees)?

  1. Rs. 8,55,385

  2. Rs. 11,20,005

  3. Rs. 2,20,000

  4. Rs. 3,52,000
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Total employees = 3+5+5 = 13. Bonus for Managers = 3 * (0.6 * 54) = 3 * 32.4 = 97.2 lakh. Bonus for Executives = 5 * (0.3 * 8) = 5 * 2.4 = 12 lakh. Bonus for Trainees = 5 * (0.1 * 4) = 5 * 0.4 = 2 lakh. Total bonus = 97.2 + 12 + 2 = 111.2 lakh. Average bonus = 111.2 / 13 = 8.553846... lakh = 8,55,385.

Keep practicing — related questions