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22 Jun 2021, 10:54
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E
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
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Question -
Elena receives a salary plus a commission that is equal to a fixed percentage of her sales revenue. What was the total of Elena’s salary and commission last month?
FS1: Elena’s monthly salary is $1000.
FS2: Elena’s commission is 5% of her sales revenue.
Answer Choices -
A-FS1 alone is sufficient, FS2 alone is not sufficient
B-FS1 alone is not sufficient, FS2 alone is sufficient
C-FS1 alone is not sufficient, FS2 alone is not sufficient, But
FS1 & FS2 together are sufficient
D-FS1 alone is sufficient, FS2 alone is also sufficient
E- FS1 alone not sufficient. FS2 alone not sufficient. FS1 &
FS2 together are also not sufficient
FS1 - Fact Statement 1, FS2 - Fact Statement 2
Solution -
1) What do I need to find out?
A- Salary + Commission (Last Month)
2) What do I know?
A- I know Commission is equal to a fixed percentage of sales revenue
Comm. = A% of S.R
3) What else do I need to know?
A- Salary, Commission (A%, S.R)
FS1 – Salary= $1000
We do not have a commission as well as sales revenue so we cannot proceed any
further. Fact statement 1 is not sufficient. Strike off answer options A & D.
Next, FS2 – Comm. = 5% Sales revenue
We don’t have Salary as well as Sales Revenue, so Data is not sufficient.
Strike off answer options B.
Next, we shall consider both FS1 and FS2.
Salary = $1000
Commission = 5% of Sales revenue
We still do not have any value for sales revenue and hence, cannot proceed with
the problem. Data is not sufficient even when both the statements are taken
together, therefore we can strike out C and E is the correct answer.
Elena receives a salary plus a commission that is equal to a fixed percentage of her sales revenue. What was the total of Elena’s salary and commission last month?
FS1: Elena’s monthly salary is $1000.
FS2: Elena’s commission is 5% of her sales revenue.
Answer Choices -
A-FS1 alone is sufficient, FS2 alone is not sufficient
B-FS1 alone is not sufficient, FS2 alone is sufficient
C-FS1 alone is not sufficient, FS2 alone is not sufficient, But
FS1 & FS2 together are sufficient
D-FS1 alone is sufficient, FS2 alone is also sufficient
E- FS1 alone not sufficient. FS2 alone not sufficient. FS1 &
FS2 together are also not sufficient
FS1 - Fact Statement 1, FS2 - Fact Statement 2
Solution -
1) What do I need to find out?
A- Salary + Commission (Last Month)
2) What do I know?
A- I know Commission is equal to a fixed percentage of sales revenue
Comm. = A% of S.R
3) What else do I need to know?
A- Salary, Commission (A%, S.R)
FS1 – Salary= $1000
We do not have a commission as well as sales revenue so we cannot proceed any
further. Fact statement 1 is not sufficient. Strike off answer options A & D.
Next, FS2 – Comm. = 5% Sales revenue
We don’t have Salary as well as Sales Revenue, so Data is not sufficient.
Strike off answer options B.
Next, we shall consider both FS1 and FS2.
Salary = $1000
Commission = 5% of Sales revenue
We still do not have any value for sales revenue and hence, cannot proceed with
the problem. Data is not sufficient even when both the statements are taken
together, therefore we can strike out C and E is the correct answer.
Archived Topic
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22 Jun 2021, 11:02
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SSG12
This question is discussed in detail here: elena-receives-a-salary-plus-a-commission-that-is-equal-to-a-fixed-per-166082.html. If any questions please post there. Hope it helps.
Also, please read carefully and follow our posting rules: rules-for-posting-please-read-this-before-posting-133935.html Thank you.
THIS TOPIC IS LOCKED AND ARCHIVED.
Archived Topic
Hi there,
This topic has been closed and archived due to inactivity or violation of community quality standards. No more replies are possible here.
Where to now? Join ongoing discussions on thousands of quality questions in our Data Sufficiency (DS) Forum
Still interested in this question? Check out the "Best Topics" block above for a better discussion on this exact question, as well as several more related questions.
Thank you for understanding, and happy exploring!
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