A company has 15 managers and 75 associates. The 15 managers have an average salary of $120,000. The 75 associates have an average salary of $30,000. What is the average salary for the company?	Options
A) $35,000 B) $45,000 C) $55,000 D) $65,000 E) $75,000
The 15 managers have an average salary of $120,000. The sum of their salaries is:   sum = (average)*(number of salaries) = $120,000*15 = $1,800,000   The 75 associates have an average salary of $30,000. The sum of their salaries is:   sum = (average)*(number of salaries) = $30,000*75 = $2,250,000   When we add those two sums, we get the total payroll of all 90 employees.   $1,800,000 + $2,250,000 = $4,050,000   So, we have 90 employees, and together they earn $4,050,000, so the average is   average = $4,050,000 ÷90 = $45,000   Answer: $45,000.
<result>B</result>
A company has 15 managers and 75 associates. The 15 managers have an average salary of $120,000. The 75 associates have an average salary of $30,000. What is the average salary for the company?