Find all School-related info fast with the new School-Specific MBA Forum

 It is currently 07 Jul 2015, 18:40

### GMAT Club Daily Prep

#### Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

# Events & Promotions

###### Events & Promotions in June
Open Detailed Calendar

# Q15realset4c: At a certain company, each employee has a

Author Message
TAGS:
Manager
Joined: 28 Jan 2006
Posts: 118
Followers: 1

Kudos [?]: 11 [0], given: 0

Q15realset4c: At a certain company, each employee has a [#permalink]  28 Aug 2006, 05:05
00:00

Difficulty:

(N/A)

Question Stats:

0% (00:00) correct 0% (00:00) wrong based on 0 sessions
Q15realset4c:

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 â€“ 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 _________________ All the best!! shinewine SVP Joined: 05 Jul 2006 Posts: 1516 Followers: 5 Kudos [?]: 127 [0], given: 39 [#permalink] 28 Aug 2006, 05:18 If there is no tricks that after reading the question two times the answer is as follows forget about the fixed portion of the salary and consider the variable part 1) if s = 5 therfore the variable part is 1 2) if s = 1 therfore the variable part is zero thus the difference is 1 dollar. Senior Manager Joined: 14 Jul 2005 Posts: 402 Followers: 1 Kudos [?]: 12 [0], given: 0 [#permalink] 28 Aug 2006, 08:00 Got B also...$1.00 should be it
Current Student
Joined: 29 Jan 2005
Posts: 5240
Followers: 23

Kudos [?]: 191 [0], given: 0

(B) $1, or Matt's annual salary Manager Joined: 28 Jan 2006 Posts: 118 Followers: 1 Kudos [?]: 11 [0], given: 0 [#permalink] 02 Sep 2006, 08:11 i don't know why but the answer is C> .. no OE is available.. _________________ All the best!! shinewine Manager Joined: 12 Sep 2005 Posts: 65 Location: USofA Followers: 1 Kudos [?]: 2 [0], given: 0 [#permalink] 02 Sep 2006, 08:16 I got B also. I could find no way for the answer to be C other than if there is a mistake in the question. Intern Joined: 24 Aug 2006 Posts: 42 Followers: 0 Kudos [?]: 0 [0], given: 0 [#permalink] 02 Sep 2006, 09:13 (B) it is. It cannot possibly be C. This is another way of doing it: Differentiating, we get: delta(p)= 0 + 0.25*delta(s) Thus, d(p)=0.25(5-1)=1 The change in hourly rate is$ 1.00
Manager
Joined: 27 Jan 2006
Posts: 156
Location: Europe
Followers: 1

Kudos [?]: 2 [0], given: 0

cannot be C....I think ths OA is wrong,....it's B
_________________

Stay hungry, Stay foolish

Similar topics Replies Last post
Similar
Topics:
A certain company currently has how many employees? 4 02 Nov 2012, 19:45
A certain company currently has how many employees? (1) If 3 1 03 May 2008, 11:57
Each employee of Company Z is an employee of either Division 3 09 Apr 2006, 15:42
At a certain company, each employee has either an office or 8 18 Mar 2006, 13:32
Each employee of Company Z is an employee of either division 2 01 Aug 2005, 12:43
Display posts from previous: Sort by