Recently some employees requested the management for relocation allowance because the commute time was quite high for them. The management considered the issues raised by the employees and decided to provide relocation allowance to only those employees whose commute time is more than 7$\mathrm{}0$ minutes. Now a total 2,000$\mathrm{}\mathrm{}\mathrm{}\mathrm{}$ employees in the office, and the management has decided to offer 50,000$\mathrm{}\mathrm{}\mathrm{}\mathrm{}\mathrm{}$as relocation allowance to each employee. What will be the total expense incurred by the company? 

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To calculate the total expense incurred by the company for relocation allowance we first need ... View the full answer