Events & Promotions
|
|
GMAT Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.
Customized
for You
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Nov 2007:30 AM PST
-08:30 AM PST
Learn what truly sets the UC Riverside MBA apart and how it helps in your professional growth
Nov 2211:00 AM IST
-01:00 PM IST
Do RC/MSR passages scare you? e-GMAT is conducting a masterclass to help you learn – Learn effective reading strategies Tackle difficult RC & MSR with confidence Excel in timed test environment- Nov 23
11:00 AM IST
-01:00 PM IST
Attend this free GMAT Algebra Webinar and learn how to master the most challenging Inequalities and Absolute Value problems with ease. 
Nov 2510:00 AM EST
-11:00 AM EST
Prefer video-based learning? The Target Test Prep OnDemand course is a one-of-a-kind video masterclass featuring 400 hours of lecture-style teaching by Scott Woodbury-Stewart, founder of Target Test Prep and one of the most accomplished GMAT instructors.
05 May 2025, 00:30
Kudos
Bookmarks
D
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
5%
(low)
Question Stats:
91% (01:07) correct
9%
(01:18)
wrong
based on 96
sessions
History
Date
Time
Result
Not Attempted Yet
Every month Tim receives a fixed salary of $1,000 and a 10 percent commission on the total sales exceeding $10,000 in that month. What was the total amount of Tim’s sales last month?
(1) Last month Tim’s fixed salary and commission was $1, 500.
(2) Last month Tim’s commission was $500.
(1) Last month Tim’s fixed salary and commission was $1, 500.
(2) Last month Tim’s commission was $500.
05 May 2025, 00:54
Kudos
Bookmarks
Every month Tim receives a fixed salary of $1,000 and a 10 percent commission on the total sales exceeding $10,000 in that month. What was the total amount of Tim’s sales last month?
Tim’s Salary = 1000+0.10(sales exceeding 10,000)
(1) Last month Tim’s fixed salary and commission was $1, 500.
1000+0.10(sales exceeding 10,000) =1500
1000+0.10x=1500 ; x=5000
Total amount of Sales= 10,000+5,000=15,000
Sufficient
(2) Last month Tim’s commission was $500.
0.10x=500; x=500/0.10=5,000
Sufficient
Answer: D
Tim’s Salary = 1000+0.10(sales exceeding 10,000)
(1) Last month Tim’s fixed salary and commission was $1, 500.
1000+0.10(sales exceeding 10,000) =1500
1000+0.10x=1500 ; x=5000
Total amount of Sales= 10,000+5,000=15,000
Sufficient
(2) Last month Tim’s commission was $500.
0.10x=500; x=500/0.10=5,000
Sufficient
Answer: D
05 May 2025, 01:25
Kudos
Bookmarks
Fixed salary = 1000
Let total sales be x
Total salary = 1000 + (x-10000)*0.1
Statement 1
1500 = 1000 + (x-10000)*0.1
500 = (x-10000)*0.1 (Commission is 500)
x = 15000
Sufficient
Statemnet 2
Commission is 500
500 = (x-10000)*0.1
x = 15000
Sufficient
Answer D
Let total sales be x
Total salary = 1000 + (x-10000)*0.1
Statement 1
1500 = 1000 + (x-10000)*0.1
500 = (x-10000)*0.1 (Commission is 500)
x = 15000
Sufficient
Statemnet 2
Commission is 500
500 = (x-10000)*0.1
x = 15000
Sufficient
Answer D
Bunuel
