A firm reduced employees in the ratio 12 ∶ 5 in time of inflation, and the average wage per employee increased in the ratio 9 ∶ 17. By doing so, the firm saved Rs.46,000. What was the initial expenditure (in Rs) of the firm?
1
Rs 1,90,000
2
Rs 90,000
3
Rs 2,16,000
4
Rs 2,50,000