The average monthly pay of 40 employees is 25000. Out of which 11 employees who were paid 20000 were removed. 22 employees were newly hired with annual pay of 144000. Find the new average quarterly salary of the employees to the nearest rupee.

Total salary of the past 40 employees = 40 * 25000 = 10,00,000 Total salary of the employees removed = 11 * 20000 = 2,20,000 Total salary of the newly hired employees = 1,44,000 * 22 = 31,68,000 per annum 31,68,000 / 12 = 2,64,000 per month. New total payable salary per month = 10,00,000 + 2,64,000 – 2,00,000 = 10,64,000 Total number of new employees = 40 – 11 = 22 = 51 Average salary = 10,64,000 / 51 = 20,862.74 = 20,863