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A company awards bonuses to its employees. If 25 employees received bonuses and

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Question: A company awards bonuses to its employees. If 25 employees received bonuses and the total amount awarded was $50,000, what was the average bonus per employee?

Options:

  1. $1500
  2. $2000
  3. $2500
  4. $3000

Correct Answer: $2000

Solution:

Average bonus = Total amount / Number of employees = $50,000 / 25 = $2000.

A company awards bonuses to its employees. If 25 employees received bonuses and

Practice Questions

Q1
A company awards bonuses to its employees. If 25 employees received bonuses and the total amount awarded was $50,000, what was the average bonus per employee?
  1. $1500
  2. $2000
  3. $2500
  4. $3000

Questions & Step-by-Step Solutions

A company awards bonuses to its employees. If 25 employees received bonuses and the total amount awarded was $50,000, what was the average bonus per employee?
  • Step 1: Identify the total amount of bonuses awarded, which is $50,000.
  • Step 2: Identify the number of employees who received bonuses, which is 25.
  • Step 3: To find the average bonus per employee, divide the total amount by the number of employees.
  • Step 4: Perform the division: $50,000 divided by 25.
  • Step 5: Calculate the result, which is $2,000.
  • Average Calculation – The concept of finding the average by dividing the total amount by the number of items (in this case, bonuses by employees).
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