medium · Gre Quant

Company A has 40 employees with an average salary of 50,000. Company B has 60 employees with an average salary of 80,000.

If the two companies merge, what is the new average salary?

  1. 65,000
  2. 68,000
  3. 62,000
  4. 70,000
  5. 72,000

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