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Read the following data and answer the questions that follow. A law firm has 200 employees: 80 partners, 60 senior associates, and 60 junior associates. The average monthly billing per partner is Rs 9,00,000; per senior associate Rs 4,50,000; per junior associate Rs 2,00,000. In the previous quarter, partners brought in 60% of total revenue, senior associates 25%, junior associates the remainder. Q1. The total monthly billing from senior associates is
ARs 3,60,00,000
BRs 2,40,00,000
CRs 2,70,00,000
DRs 3,00,00,000
Answer & Solution
Correct answer: C. Rs 2,70,00,000
Senior associates: 60 × Rs 4,50,000 = Rs 2,70,00,000 per month.
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