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Question 200

What is the difference (in Rs. lakhs) between the average salary and the lowest salary?

Solution

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The average salary = Sum of the values/ Number of values = (8.5 + 7.6 + 12.8 + 5.4 + 10.5)/5 = 8.96

The lowest salary = 5.4

So, the difference = 8.96- 5.4 = 3.56 Lakh Rupees.

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