
Shortcut Trick
Ratio of assistants to managers = 10 : 5 = 2 : 1.
Using weighted average: [ (2 × 45,000) + (1 × 1,20,000) ] ÷ (2 + 1)
= (90,000 + 1,20,000) ÷ 3
= 2,10,000 ÷ 3 = 70,000
∴ The correct answer is ₹70,000.

Alternate Method
Given:
Number of assistants (n1) = 10
Average salary of assistants (A1) = ₹45,000
Number of managers (n2) = 5
Average salary of managers (A2) = ₹1,20,000
Formula Used:
Combined Average = (n1A1 + n2A2) ÷ (n1 + n2)

Calculations:
⇒ Total salary of 10 assistants = 10 × 45,000 = ₹4,50,000
⇒ Total salary of 5 managers = 5 × 1,20,000 = ₹6,00,000
⇒ Total salary of all 15 employees = 4,50,000 + 6,00,000 = ₹10,50,000
⇒ Total number of employees = 10 + 5 = 15
⇒ Average salary = 10,50,000 ÷ 15
⇒ Average salary = ₹70,000
∴ The correct answer is ₹70,000.

Additional Information
Arithmetic Mean
The simple average is calculated as the sum of all observations divided by the total number of observations: Mean = (∑x) ÷ n.
Weighted Average
When different groups have different weights or counts, the average is (w1x1 + w2x2) ÷ (w1 + w2).
Deviation Method
Assume a base value; the final average is Base + (Net Deviation ÷ Total Count). This simplifies large calculations.