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26 Dec 2022, 02:30
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D
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Difficulty:
15%
(low)
Question Stats:
83% (01:33) correct
17%
(01:58)
wrong
based on 70
sessions
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Company C allocated $100,000 for signing bonuses for p new programmers. If the signing bonuses were paid equally, what was each new programmer paid as a signing bonus?
(1) If each signing bonus had been increased by $1,000, the total amount allocated would have had to be increased to $110,000.
(2) If each signing bonus had been reduced by $2,000, the company would have paid 20 percent less.
(1) If each signing bonus had been increased by $1,000, the total amount allocated would have had to be increased to $110,000.
(2) If each signing bonus had been reduced by $2,000, the company would have paid 20 percent less.
26 Dec 2022, 08:29
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Bunuel
Amount each programmer gets as signing bonus = \(\frac{$100,000}{p}\)
Statement 1
If each signing bonus had been increased by $1,000, the total amount allocated would have had to be increased to $110,000.
\((\frac{100,000}{p} + 1000) * p = 110,000\)
We can solve the equation and obtain the value of p
The statement is sufficient.
Statement 2
If each signing bonus had been reduced by $2,000, the company would have paid 20 percent less
\((\frac{100,000}{p} - 2000) * p = \frac{80}{100} * 100,000\)
We can solve the equation and obtain the value of p
The statement is sufficient.
Option D
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