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# At a certain company, each employee has a salary grade s

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Director
Joined: 19 Nov 2004
Posts: 554

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Location: SF Bay Area, USA
At a certain company, each employee has a salary grade s [#permalink]

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02 Feb 2005, 23:12
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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

Kudos [?]: 281 [0], given: 0

Manager
Joined: 11 Jan 2005
Posts: 101

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02 Feb 2005, 23:33
quick one

Sol = Max Sal - Min Sal
Sol = (9.50 + 0.25(5-1)) - (9.50 + 0.25(1-1))
Sol = 1

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Manager
Joined: 28 Jan 2005
Posts: 98

Kudos [?]: 1 [0], given: 0

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03 Feb 2005, 06:50
yeap. Do these problems show up on the real GMAT?

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Director
Joined: 19 Nov 2004
Posts: 554

Kudos [?]: 281 [0], given: 0

Location: SF Bay Area, USA

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04 Feb 2005, 17:45
We all got it right \$1.00

Kudos [?]: 281 [0], given: 0

04 Feb 2005, 17:45
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