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The average income of male employees in ...

The average income of male employees in a financial sector company A was Rs 520 and that of females was Rs 420. The mean income of all the employees was Rs 500. The percentage of male employees is

A

`50%`

B

`80%`

C

`40%`

D

`20%`

Text Solution

AI Generated Solution

The correct Answer is:
To find the percentage of male employees in the company based on the given average incomes, we can follow these steps: ### Step 1: Define Variables Let: - \( M \) = number of male employees - \( F \) = number of female employees - \( A_m \) = average income of male employees = Rs 520 - \( A_f \) = average income of female employees = Rs 420 - \( A \) = average income of all employees = Rs 500 ### Step 2: Set Up the Equation for Average Income The formula for the average income of all employees is given by: \[ A = \frac{M \cdot A_m + F \cdot A_f}{M + F} \] Substituting the known values: \[ 500 = \frac{M \cdot 520 + F \cdot 420}{M + F} \] ### Step 3: Rearranging the Equation Multiply both sides by \( M + F \): \[ 500(M + F) = 520M + 420F \] Expanding this gives: \[ 500M + 500F = 520M + 420F \] ### Step 4: Simplifying the Equation Rearranging the terms: \[ 500M + 500F - 520M - 420F = 0 \] This simplifies to: \[ -20M + 80F = 0 \] Or: \[ 20M = 80F \] Dividing both sides by 20: \[ M = 4F \] ### Step 5: Finding the Total Number of Employees Now, we can express the total number of employees \( N \) in terms of \( F \): \[ N = M + F = 4F + F = 5F \] ### Step 6: Calculating the Percentage of Male Employees The percentage of male employees is given by: \[ \text{Percentage of Male Employees} = \left(\frac{M}{N}\right) \times 100 \] Substituting \( M \) and \( N \): \[ \text{Percentage of Male Employees} = \left(\frac{4F}{5F}\right) \times 100 = \frac{4}{5} \times 100 = 80\% \] ### Final Answer The percentage of male employees in the company is **80%**. ---
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