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Elena receives a salary plus a commission that is equal to a fixed per
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15 Jan 2014, 02:48
15 Jan 2014, 02:48
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Difficulty:
5%
(low)
Question Stats:
87% (00:48) correct
13%
(00:50)
wrong
based on 1035
sessions
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?
(1) Elena's monthly salary is $1 ,000.
(2) Elena's commission is 5 percent of her sales revenue.
(1) Elena's monthly salary is $1 ,000.
(2) Elena's commission is 5 percent of her sales revenue.
Re: Elena receives a salary plus a commission that is equal to a fixed per
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15 Jan 2014, 02:48
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SOLUTION
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?
(1) Elena's monthly salary is $1 ,000.
(2) Elena's commission is 5 percent of her sales revenue.
We are told that Elena receives a salary plus a commission that is equal to a fixed percentage of her sales revenue. Neither statement gives us the amount of Elena's sales, thus even taken together the statements are not sufficient.
Answer: E.
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?
(1) Elena's monthly salary is $1 ,000.
(2) Elena's commission is 5 percent of her sales revenue.
We are told that Elena receives a salary plus a commission that is equal to a fixed percentage of her sales revenue. Neither statement gives us the amount of Elena's sales, thus even taken together the statements are not sufficient.
Answer: E.
Re: Elena receives a salary plus a commission that is equal to a fixed per
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15 Jan 2014, 04:04
15 Jan 2014, 04:04
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Bunuel
The Official Guide For GMAT® Quantitative Review, 2ND Edition
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?
(1) Elena's monthly salary is $1 ,000.
(2) Elena's commission is 5 percent of her sales revenue.
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?
(1) Elena's monthly salary is $1 ,000.
(2) Elena's commission is 5 percent of her sales revenue.
we need Elena's salary , her total sales revenue and the fixed percentage to answer this question
1) Given monthly salary is 1000, but no info of her total sales revenue nor her commission percentage, hence insuff.
2)we only know commission percentage,No info of her monthly salary, nor her total sales revenue , insuff.
1+2
we know Monthly salary, her fixed commission percentage , but we still don't know her total sales revenue , hence insuff.
Answer E.
