The average salary of 100 employees in an office is ₹16,000 per month. The management decided to raise salary of every employee by 5% but stopped a transport allowance of ₹800 per month which was paid earlier to every employee. What will be the new average month salary?
The average salary of 100 employees in an office is ₹16,000 per month. The management decided to raise salary of every employee by 5% but stopped a transport allowance of ₹800 per month which was paid earlier to every employee. What will be the new average month salary?
Options
- a.
₹ 16,000
- b.
₹ 16,500
- c.Correct answer
₹ 16,800
- d.
Cannot be known since data are insufficient.
Explanation
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