Question : Refer to the following data table and answer the question.
Number of employees | Annual salary (in Rs. lakh) | Bonus as percent of annual Salary | |
Manager | 3 | 60 | 30% |
Executive | 6 | 12 | 30% |
Trainee | 4 | 4 | 20% |
What is the average bonus (in Rs.)?
Option 1: 606154
Option 2: 7880002
Option 3: 253333
Option 4: 224000
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Correct Answer: 606154
Solution :
From the table,
The total bonus for managers = 3 × 60 × 0.30 = Rs. 54 lakh
The total bonus for executives = 6 × 12 × 0.30 = Rs. 21.6 lakh
The total bonus for trainees = 4 × 4 × 0.20 = Rs. 3.2 lakh
The total bonus for all employees = 54 + 21.6 + 3.2 = Rs. 78.8 lakh
The total bonus for all employees (in Rs.) = Rs. 7880000
The total number of employees = 3 + 6 + 4 = 13
The average bonus per employee = $\frac{7880000}{13}$ = Rs. 606154
Hence, the correct answer is 606154.
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