4. Company workers decided to raise Rs. 3 lakhs by equal contribution from each. Had they contributed Rs. 50 each extra, the contribution would have been Rs. 3.25 lakhs. How many workers were they?
300
400
500
600
Answer: Option C
Explanation:
N * 50 = (325000 - 300000) = 25000
N = 25000 / 50
= 500