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IPMAT Question Paper | IPMAT Question Paper | Question 17

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Question 17 : Average stipend of summer internship of an institute is Rs. 20000 per month. Recently the institute announced increment of Rs. 2000 per month for all the students. The new average stipend of students will now be?

  1. 22000
  2. 23000
  3. 24000
  4. 25000

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Explanatory Answer

Original Average of the students = 20000 Rs
The new increase in the average across the students = 2000 Rs
New Average of the students = 20000 Rs + 2000 Rs = 22000Rs

The answer is 22000

Choice A is the correct answer.

 

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