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At a certain company, each employee has a salary grade s

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At a certain company, each employee has a salary grade s [#permalink] New post 28 Jan 2012, 04:08
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At a certain company, each employee has a salary grade s that is at least 1 and at most 5. Each employee receives an hourly wage p, in dollars, determined by the formula p = 9.50 + 0.25(s – 1). An employee with a salary grade of 5 receives how many more dollars per hour than an employee with a salary grade of 1?

A. $0.50
B. $1.00
C. $1.25
D. $1.50
E. $1.75
[Reveal] Spoiler: OA

Last edited by Bunuel on 28 Jan 2012, 04:32, edited 1 time in total.
Added the OA
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Re: Arithmetic [#permalink] New post 28 Jan 2012, 04:32
RadhaKrishnan wrote:
At a certain company, each employee has a salary grade s that is at least 1 and at most 5. Each employee receives an hourly wage p, in dollars, determined by the formula p = 9.50 + 0.25(s – 1). An employee with a salary grade of 5 receives how many more dollars per hour than an employee with a salary grade of 1?

A. $0.50
B. $1.00
C. $1.25
D. $1.50
E. $1.75


Salary grade of 5 is p(5)=9.50+0.25(5–1)=9.50+0.25*4;
Salary grade of 1 is p(1)=9.50 + 0.25(1–1)=9.50;

p(5)-p(1)=9.50+0.25*4-9.50=1.

Answer: B.
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At a certain company, [#permalink] New post 11 Feb 2013, 09:26
At a certain company, each employee has a salary grade s that is at least 1 and at most 5. Each employee receives an hourly wage p, in dollars, determined by the formula p = 9.50 + 0.25(s – 1). An employee with a salary grade of 5 receives how many more dollars per hour than an employee with a salary grade of 1?
A. $0.50
B. $1.00
C. $1.25
D. $1.50
E. $1.75
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Re: At a certain company, [#permalink] New post 11 Feb 2013, 09:33
4112019 wrote:
At a certain company, each employee has a salary grade s that is at least 1 and at most 5. Each employee receives an hourly wage p, in dollars, determined by the formula p = 9.50 + 0.25(s – 1). An employee with a salary grade of 5 receives how many more dollars per hour than an employee with a salary grade of 1?
A. $0.50
B. $1.00
C. $1.25
D. $1.50
E. $1.75


p = 9.50 + 0.25(s – 1).
Hourly wage (p) if S=1 --> 9.50 + 0.25(1 – 1) = 9.5
Hourly wage (p) if S=5 --> 9.50 + 0.25(5 – 1) = 9.5 + 0.25 x 4 = 9.5 + 1.00

So the answer has to be B. Kindly confirm the OA because OA can not be C.

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Re: At a certain company, [#permalink] New post 11 Feb 2013, 09:34
4112019 wrote:
At a certain company, each employee has a salary grade s that is at least 1 and at most 5. Each employee receives an hourly wage p, in dollars, determined by the formula p = 9.50 + 0.25(s – 1). An employee with a salary grade of 5 receives how many more dollars per hour than an employee with a salary grade of 1?
A. $0.50
B. $1.00
C. $1.25
D. $1.50
E. $1.75


Merging similar topics. Please search before posting.
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Re: At a certain company, [#permalink] New post 11 Feb 2013, 09:35
I got the answer as B. Can someone post an explanation as to why the answer is C. Thanks
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Re: At a certain company, [#permalink] New post 11 Feb 2013, 09:37
rajiv1984 wrote:
I got the answer as B. Can someone post an explanation as to why the answer is C. Thanks


The correct answer is B, not C.
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RESOURCES: [GMAT MATH BOOK]; 1. Triangles; 2. Polygons; 3. Coordinate Geometry; 4. Factorials; 5. Circles; 6. Number Theory; 7. Remainders; 8. Overlapping Sets; 9. PDF of Math Book; 10. Remainders

COLLECTION OF QUESTIONS:
PS: 1. Tough and Tricky questions; 2. Hard questions; 3. Hard questions part 2; 4. Standard deviation; 5. Tough Problem Solving Questions With Solutions; 6. Probability and Combinations Questions With Solutions; 7 Tough and tricky exponents and roots questions; 8 12 Easy Pieces (or not?); 9 Bakers' Dozen; 10 Algebra set. NEW!!! ,11 Mixed Questions NEW!!!, 12 Fresh Meat NEW!!!

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Re: At a certain company,   [#permalink] 11 Feb 2013, 09:37
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