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

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Director
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Joined: 19 Nov 2004
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At a certain company, each employee has a salary grade s [#permalink] New post 02 Feb 2005, 23:12
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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
Manager
Manager
Joined: 11 Jan 2005
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 [#permalink] New post 02 Feb 2005, 23:33
quick one

Sol = Max Sal - Min Sal
Sol = (9.50 + 0.25(5-1)) - (9.50 + 0.25(1-1))
Sol = 1
Manager
Manager
Joined: 28 Jan 2005
Posts: 101
Location: Toronto, Canada
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 [#permalink] New post 03 Feb 2005, 06:50
yeap. Do these problems show up on the real GMAT?
Director
Director
Joined: 19 Nov 2004
Posts: 589
Location: SF Bay Area, USA
Followers: 2

Kudos [?]: 7 [0], given: 0

GMAT Tests User
 [#permalink] New post 04 Feb 2005, 17:45
I was just checking the key. The key had wrong answer.
We all got it right $1.00
  [#permalink] 04 Feb 2005, 17:45
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