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Intern
Joined: 08 Aug 2010
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Elena receives a salary plus a commission that is equal to a [#permalink]
27 Sep 2010, 20:53
Question Stats:
33% (01:10) correct
66% (00:22) wrong based on 0 sessions
Elena receives a salary plus a commission that is equal to a fixed percentage of her sales revenue. What was the total of Elena’s salary and commission last month ?
(1) Elena’s monthly salary is $1,000. (2) Elena’s commission is 5 percent of her sales revenue.
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Intern
Joined: 15 Aug 2010
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Elena receives a salary plus a commission that is equal to a fixed percentage of her sales revenue. What was the total of Elena’s salary and commission last month ?
(1) Elena’s monthly salary is $1,000. (2) Elena’s commission is 5 percent of her sales revenue.
The Q asks about Salary + % of Sales Revenue ( that is Commission )
Option 1- tells about Salary only, Hence Insufficient Option 2- Tells about % age of Sales Revenue but the Figure of Sales Revenue is not given hence and alone this can't answer the Questions, Hence insufficient
Together both statments are not sufficient, Hence E
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Manager
Joined: 25 Mar 2009
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sumitjain wrote: Elena receives a salary plus a commission that is equal to a fixed percentage of her sales revenue. What was the total of Elena’s salary and commission last month ?
(1) Elena’s monthly salary is $1,000. (2) Elena’s commission is 5 percent of her sales revenue. 1: insuf -> B, C, E 2: insuf then -> C, E 1 and 2: still insuff, we dont know either fixed percentage or the sales vo lume then E
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Intern
Joined: 30 Mar 2010
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Salary + Comission = x/100* Y 1000*0.05y=xy/100 , therefore we would need to know total revenue or comission amount in order to reach the answer . letter E!!!
Revenue= Y X=%
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Intern
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Thx everyone....the answer is indeed E.
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Manager
Joined: 26 Jul 2010
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Location: india
Schools: isb
WE 1: 8 years
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simple E 1. not sufficent= only gives salary 2. not suff = only gives 5% of what revenue ??? combined stil not sufficient revenue/sales= ? hence e
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Manager
Joined: 11 Dec 2010
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Statement 1 - not sufficient (provides with the salary but not the commission) Statement 2 - not sufficient (Revenue needed to calculate the commission)
Combining - Commission still cannot be calculated
So answer - E
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Intern
Joined: 11 Apr 2011
Posts: 32
Location: London
WE 1: 3 yrs f/t manager in aerospace (IT - Commercial - Int'l Mktg)
WE 2: 5 yrs freelance consultant to Gov't
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Quote: Elena receives a salary plus a commission that is equal to a fixed percentage of her sales revenue. What was the total of Elena’s salary and commission last month ?
(1) Elena’s monthly salary is $1,000. (2) Elena’s commission is 5 percent of her sales revenue. nothing said about sales revenue - therefore E
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Director
Joined: 01 Feb 2011
Posts: 791
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1. Not sufficient
as we dont know anything about commission or sales revenue
2. Not sufficient. as we dont know anything about salary or sales revenue.
together
we still dont know anything about sales revenue.
Answer is E.
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SVP
Joined: 16 Nov 2010
Posts: 1721
Location: United States (IN)
Concentration: Strategy, Technology
Followers: 26
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(1) says Selena's Compensation = 1000 + Commission But Commission is not known (2) says Selena's Compensation = Elena’s monthly salary + 5/100 * Sales Revenue But Selena’s monthly salary and Sales Revenue are not known (1) + (2) Selena’s Sales Revenue is not known Answer - E
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