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The mean monthly salary of employees in a firm is ₹25,000. Every employee gets a 10% raise and then a fixed bonus of ₹1,000 a month. What is the new mean salary?

Competition practiceStatistics
  • A₹28,600
  • B₹28,500
  • C₹27,500
  • D₹26,000

Step-by-Step Solution

New mean . (Adding the bonus before the raise gives the wrong ₹28,600.)
Answer: B) ₹28,500

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