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

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Manager
Manager
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At a certain company, each employee has a salary grade s [#permalink] New post 02 Sep 2007, 01:14
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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
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 [#permalink] New post 02 Sep 2007, 01:43
You got it right. But how??

Grade 1 salary = 9.5 + 0.25(1-1) = 9.5
Grade 5 salary = 9.5 + 0.25 (5-1) = 9.5 + 1

The difference is 1 only. Why 1.25?
Senior Manager
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 [#permalink] New post 02 Sep 2007, 01:54
solidcolor wrote:
You got it right. But how??

Grade 1 salary = 9.5 + 0.25(1-1) = 9.5
Grade 5 salary = 9.5 + 0.25 (5-1) = 9.5 + 1

The difference is 1 only. Why 1.25?


Ya,it should be 1. Actually I did this question yesterday and calculated 1.........but after looking at the OA, I thought I did some silly calculation mistake so gave the ans as (C).

So I guess the OA is wrong unless sm1 justifies the ans.
Manager
Manager
Joined: 25 May 2007
Posts: 232
Schools: Cornell
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 [#permalink] New post 02 Sep 2007, 02:08
:lol: This is interesting.

I believe nothing could be wrong with my answer, but the OA was something weird...
  [#permalink] 02 Sep 2007, 02:08
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