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22 Jan 2018, 01:28
Kudos
Bookmarks
B
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
65%
(hard)
Question Stats:
68% (03:35) correct
32%
(02:56)
wrong
based on 87
sessions
History
Date
Time
Result
Not Attempted Yet
A large auto concern that employs 1,000 workers pays each of these workers $4 per hour for the first 40 hours worked during a week and x percent more than that rate for hours worked in excess of 40. If the total payroll for the workers at the end of a week in which 40 percent of them worked 20 hours, 30 percent worked 40 hours, and the rest worked 60 hours is $156,800, what is x?
A. 10 percent
B. 20 percent
C. 25 percent
D. 40 percent
E. 50 percent
A. 10 percent
B. 20 percent
C. 25 percent
D. 40 percent
E. 50 percent
22 Jan 2018, 05:27
Kudos
Bookmarks
Bunuel
40 percent of them worked 20 hours
i.e. 400 employees worked for 20 hours each
i.e. their remuneration = $4*20 = $80 each each employee
i.e. Total Remuneration = $80*400 = $32000
30 percent of them worked 40 hours
i.e. 300 employees worked for 40 hours each
i.e. their remuneration = $4*40 = $160 each employee
i.e. Total Remuneration = $160*300 = $48000
Rest 30 percent of them worked 60 hours
i.e. 300 employees worked for 60 hours each
i.e. their remuneration = $4*40+(4+4*x/100)*20 = $160+80+(4x/5) each employee
i.e. Total Remuneration = $[240+(4x/5)]*300 = $72000+240x
Total of all = $32000 +$48000+$72000+240x = $156,800
i.e. x = 20
ANswer: Option B
22 Jan 2018, 08:30
Kudos
Bookmarks
Bunuel
IMO: B
As per the question
workers hours worked
400 (40%) 20
300 (30%) 40
300 (rest 30%) 60
thus total amount = [400 * 20 * 4] + [300 *40 *4] + {300 [(40 *4) + 20 *(4 + 4x/100)]}
Since for 300 workers who worked for 60 hours, they got 4$ / hour for 40 hours and (4 + 4x/100)$ for next 20 hours
Total amount is given as 156,800$ so we can solve for x
x = 20%
What is the correct answer?
