SOLUTION: A population of small town is 250. Out of 250, 150 are adults and one of those is a millionaire who makes $ 8 million per year. The average salary of that town is $100,020 per yea

Question 328001: A population of small town is 250. Out of 250, 150 are adults and one of those is a millionaire who makes $ 8 million per year. The average salary of that town is $100,020 per year. What is the average salary for remaining 149 adults in that town?
Answer
A) $ 52000
B) $47000
C) $ 51000
D) $ 49000
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
The average salary for the 149 adults is
(their total income)/149 =
given:

This is the total salary for 149 people (not including millionaire)

the average salary for the remaining 149 adults in that town is $47000

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