An organization decided to raise Rs. 6 lakh by collecting equal contribution from each of its employees. If each of them had contributed Rs. 60 extra, the contribution would have been Rs. 6.24 lakh. How many employees are there in that organization?
400
300
200
100
Explanation:
$\text{Required number of employees = }\dfrac{\text{(624000 - 600000)}}{60} = \dfrac{24000}{60} = 400$