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Retired Moderator
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Mike, Tom, and Walt are working as sales agents for an [#permalink]
 14 Nov 2008, 15:41
Question Stats:
50% (03:03) correct
50% (02:18) wrong based on 0 sessions
Mike, Tom, and Walt are working as sales agents for an insurance company. If the commissions Mike, Tom, and Walt get can be expressed by the following formula: MT = W/6. If Mike sells 60% more this month and Tom decreases his sales by 50%, how should Walt do to maintain the above relationship intact?
(A) Sell 12.5% less
(B) Sell 20% less
(C) Sell 22.5% less
(D) Sell 12.5% more
(E) Sell 15 % more
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Manager
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Re: PS: Sales Agent [#permalink]
14 Nov 2008, 15:44
1.6M X 0.5 T = 0.8MT=0.8 W/6 ==> hence W shud decrease sales by 20% so that the relation remains intact
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Senior Manager
Status: Do and Die!!
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Mike, Tom, and Walt are working as sales agents [#permalink]
26 Sep 2011, 05:05
Mike, Tom, and Walt are working as sales agents for an insurance company, and the commissions they receive can be expressed by the following formula: MT=W/6 . If Mike sells 60% more this month and Tom decreases his sales by 50%, how should Walt's performance change to ensure that the above relationship is true ?
_________________
I'm the Dumbest of All !!
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Manager
Joined: 12 May 2011
Posts: 99
Location: United States
Concentration: Finance, Marketing
GMAT 1: 730 Q47 V44
GMAT 2: Q V
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Re: PS: Sales Agent for Insurance Coy - Mike, Tom, and Walt [#permalink]
27 Sep 2011, 08:42
I believe this is the same question that has already been answered. But here's my take:
MT = W/6 => 6MT = W (1)
1.6M * 0.5T = Wx/6
0.8MT = Wx/6
4.8MT = Wx (2)
Comparing (1) and (2):
(1) 6MT = W
(2) 4.8MT = Wx
Since 4.8 is 4/5 of 6, x would need to be 4/5 for the equation to hold. Therefore, W needs to decrease by 20%, or answer choice B, for the equation to remain intact.
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Intern
Joined: 27 Jan 2011
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Re: PS: Sales Agent for Insurance Coy - Mike, Tom, and Walt [#permalink]
27 Sep 2011, 12:32
Please tell me the official answer
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Re: PS: Sales Agent for Insurance Coy - Mike, Tom, and Walt
[#permalink]
27 Sep 2011, 12:32
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