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GMAT Practice Test Quant #4 - question 14 [#permalink]
12 May 2010, 16:02
Here is another question that I simply cannot get the right answer (or, at least, the answer marked as correct):
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. $0.5 B. $1.00 C. $1.25 D. $1.50 E. $1.75
I answered B, because that is the value I can compute using the formula given. However, the correction says that the correct answer is C ($1.25). Could anyone please explain me how to get to that value?