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A corporation triples its annual bonus to 50 of its employees. What pe

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A corporation triples its annual bonus to 50 of its employees. What pe  [#permalink]

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New post 10 Jan 2016, 07:14
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A corporation triples its annual bonus to 50 of its employees. What percent of the employees’ new bonus is the increase?


A. 50%

B. \(66\frac{2}{3}\)%

C. 100%

D. 200%

E. 300%

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Re: A corporation triples its annual bonus to 50 of its employees. What pe  [#permalink]

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New post 11 Jan 2016, 05:34
1
Let the annual bonus be X.
A corporation triples its annual bonus.
So new bonus = 3X.

Increase = 3X-X =2X
The increase is what percent of the employees’ new bonus
= (2X/3X)*100
= 66 2/3%
Hence B.
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Re: A corporation triples its annual bonus to 50 of its employees. What pe  [#permalink]

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New post 11 Jan 2016, 10:07
gmatlbs wrote:
Let the annual bonus be X.
A corporation triples its annual bonus.
So new bonus = 3X.

Increase = 3X-X =2X
The increase is what percent of the employees’ new bonus
= (2X/3X)*100
= 66 2/3%
Hence B.



Or pick a number:
If the annual bonus was 10, the new annual bonus is 30.

What percent of the employees’ new bonus is the increase?
increase = new bonus - old bonus = 30-10 = 20

% of new bonus = \(\frac{increase}{new bonus}*100 = \frac{20}{30}*100 = 66 \frac{2}{3}\)%

Answer B.
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Re: A corporation triples its annual bonus to 50 of its employees. What pe  [#permalink]

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New post 11 May 2016, 09:29
Tricky one ! Got stumped !
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Re: A corporation triples its annual bonus to 50 of its employees. What pe  [#permalink]

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New post 11 May 2016, 10:47
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spetznaz wrote:
Tricky one ! Got stumped !



Quote:
A corporation triples its annual bonusto 50 of its employees.What percent of the employees’ new bonus is the increase?


The highlighted part is irrelevant to this question...

Let earlier bonus be 1
Increased bonus will be 3

Net Increase will be 2

Quote:
What percent of the employees’ new bonus is the increase?


\(Required\)\(%\) %= \(\frac{Increase}{New Bonus}\) x \(100\)

\(Required\)\(%\) % = \(\frac{2}{3}\) x \(100\)

\(Required\) % =>\(66 \frac{2}{3}\)%
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Re: A corporation triples its annual bonus to 50 of its employees. What pe  [#permalink]

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New post 11 Nov 2018, 05:35
1
Bunuel wrote:
A corporation triples its annual bonus to 50 of its employees. What percent of the employees’ new bonus is the increase?

A. 50%
B. 662⁄3%
C. 100%
D. 200%
E. 300%


Dear Moderator ,
Since the OA is 66\(\frac{2}{3}\), it is hard to find the OA since option B looks like \(\frac{662}{3}\).
Couldn't it be better to represent it in a more clear way? Hope you will look into this . Thank you.
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Re: A corporation triples its annual bonus to 50 of its employees. What pe  [#permalink]

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New post 11 Nov 2018, 05:43
stne wrote:
Bunuel wrote:
A corporation triples its annual bonus to 50 of its employees. What percent of the employees’ new bonus is the increase?

A. 50%
B. 662⁄3%
C. 100%
D. 200%
E. 300%


Dear Moderator ,
Since the OA is 66\(\frac{2}{3}\), it is hard to find the OA since option B looks like \(\frac{662}{3}\).
Couldn't it be better to represent it in a more clear way? Hope you will look into this . Thank you.

______________________________
Edited to avoid confusion. Thank you.
_________________

New to the Math Forum?
Please read this: Ultimate GMAT Quantitative Megathread | All You Need for Quant | PLEASE READ AND FOLLOW: 12 Rules for Posting!!!

Resources:
GMAT Math Book | Triangles | Polygons | Coordinate Geometry | Factorials | Circles | Number Theory | Remainders; 8. Overlapping Sets | PDF of Math Book; 10. Remainders | GMAT Prep Software Analysis | SEVEN SAMURAI OF 2012 (BEST DISCUSSIONS) | Tricky questions from previous years.

Collection of Questions:
PS: 1. Tough and Tricky questions; 2. Hard questions; 3. Hard questions part 2; 4. Standard deviation; 5. Tough Problem Solving Questions With Solutions; 6. Probability and Combinations Questions With Solutions; 7 Tough and tricky exponents and roots questions; 8 12 Easy Pieces (or not?); 9 Bakers' Dozen; 10 Algebra set. ,11 Mixed Questions, 12 Fresh Meat

DS: 1. DS tough questions; 2. DS tough questions part 2; 3. DS tough questions part 3; 4. DS Standard deviation; 5. Inequalities; 6. 700+ GMAT Data Sufficiency Questions With Explanations; 7 Tough and tricky exponents and roots questions; 8 The Discreet Charm of the DS; 9 Devil's Dozen!!!; 10 Number Properties set., 11 New DS set.


What are GMAT Club Tests?
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Re: A corporation triples its annual bonus to 50 of its employees. What pe &nbs [#permalink] 11 Nov 2018, 05:43
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