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
we will pick new questions that match your level based on your Timer History
Track Your Progress
every week, we’ll send you an estimated GMAT score based on your performance
Practice Pays
we will pick new questions that match your level based on your Timer History
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Thank you for using the timer!
We noticed you are actually not timing your practice. Click the START button first next time you use the timer.
There are many benefits to timing your practice, including:
Does GMAT RC seem like an uphill battle? e-GMAT is conducting a free webinar to help you learn reading strategies that can enable you to solve 700+ level RC questions with at least 90% accuracy in less than 10 days.
Last year $48,000 of a certain store's profit was shared by its 2 owne
[#permalink]
Show Tags
22 Jun 2018, 01:06
16
00:00
A
B
C
D
E
Difficulty:
15% (low)
Question Stats:
81% (01:21) correct 19% (01:45) wrong based on 1099 sessions
HideShow timer Statistics
Last year $48,000 of a certain store's profit was shared by its 2 owners and their 10 employees. Each of the 2 owners received 3 times as much as each of their 10 employees. How much did each owner receive from the $48,000 ?
Last year $48,000 of a certain store's profit was shared by its 2 owne
[#permalink]
Show Tags
22 Jun 2018, 02:49
4
2
Bunuel wrote:
Last year $48,000 of a certain store's profit was shared by its 2 owners and their 10 employees. Each of the 2 owners received 3 times as much as each of their 10 employees. How much did each owner receive from the $48,000 ?
Re: Last year $48,000 of a certain store's profit was shared by its 2 owne
[#permalink]
Show Tags
22 Jun 2018, 03:31
1
1
Bunuel wrote:
Last year $48,000 of a certain store's profit was shared by its 2 owners and their 10 employees. Each of the 2 owners received 3 times as much as each of their 10 employees. How much did each owner receive from the $48,000 ?
Last year $48,000 of a certain store's profit was shared by its 2 owne
[#permalink]
Show Tags
22 Jun 2018, 04:55
2
Bunuel wrote:
Last year $48,000 of a certain store's profit was shared by its 2 owners and their 10 employees. Each of the 2 owners received 3 times as much as each of their 10 employees. How much did each owner receive from the $48,000 ?
A. $12,000
B. $9,000
C. $6,000
D. $4,000
E. $3,000
We can PLUG IN THE ANSWERS, which represent the share for each owner. Since the share for each owner is 3 times the share for each employee, the correct answer is almost certainly a multiple of 3 (A, B, C or E). When the correct answer is plugged in, the total profit = 48,000.
B: $9000 for each of the 2 owners, implying $3000 for each of the 10 employees Total profit = (2*9000) + (10*3000) = 18000 + 30000 = 48,000. Success!
Re: Last year $48,000 of a certain store's profit was shared by its 2 owne
[#permalink]
Show Tags
23 Jun 2018, 09:18
1
Top Contributor
Bunuel wrote:
Last year $48,000 of a certain store's profit was shared by its 2 owners and their 10 employees. Each of the 2 owners received 3 times as much as each of their 10 employees. How much did each owner receive from the $48,000 ?
A. $12,000 B. $9,000 C. $6,000 D. $4,000 E. $3,000
Each owner received 3 times as much as each employee Let E = the amount (in dollars) that ONE employee received So, 3E = the amount (in dollars) that ONE owner received
Last year $48,000 of a certain store's profit was shared by its 2 owners and their 10 employees. In other words: 3E + 3E + E + E + E + E + E + E + E + E + E + E = 48,000 Simplify: 16E = 48,000 So, E = 48,000/16 = 3,000
So, each EMPLOYEE received $3000, which means each OWNER received $9000 Answer: B
Re: Last year $48,000 of a certain store's profit was shared by its 2 owne
[#permalink]
Show Tags
23 Jun 2018, 09:25
Top Contributor
Bunuel wrote:
Last year $48,000 of a certain store's profit was shared by its 2 owners and their 10 employees. Each of the 2 owners received 3 times as much as each of their 10 employees. How much did each owner receive from the $48,000 ?
A. $12,000
B. $9,000
C. $6,000
D. $4,000
E. $3,000
Although I believe it's best to use one variable to solve this question, we can also use two variables Let's see how that solution would look.
Let x = the amount (in dollars) that ONE employee received Let y = the amount (in dollars) that ONE owner received
Each owner received 3 times as much as each employee So, we can write: y = 3x
Last year $48,000 of a certain store's profit was shared by its 2 owners and their 10 employees. So, the total amount two owners received = y + y = 2y The total amount 10 employees received = 10x So, we can write: 10x + 2y = 48,000
At this point, we have the following system of linear equations: y = 3x 10x + 2y = 48,000
When we solve this system (I'll leave it to you to do this), we get x = 3000 and y = 9000 So, each each OWNER received $9000
Re: Last year $48,000 of a certain store's profit was shared by its 2 owne
[#permalink]
Show Tags
25 Jun 2018, 12:08
1
1
Bunuel wrote:
Last year $48,000 of a certain store's profit was shared by its 2 owners and their 10 employees. Each of the 2 owners received 3 times as much as each of their 10 employees. How much did each owner receive from the $48,000 ?
A. $12,000
B. $9,000
C. $6,000
D. $4,000
E. $3,000
We can let the employee share = n and thus the owner share = 3n, and we have:
Re: Last year $48,000 of a certain store's profit was shared by its 2 owne
[#permalink]
Show Tags
14 Nov 2018, 12:35
Hello everyone. Just want a quick opinion. Is plugging the answers, and comparing to the share for each owner, and then checking 3 times the amount received a sane way of approaching this question?
Re: Last year $48,000 of a certain store's profit was shared by its 2 owne
[#permalink]
Show Tags
01 May 2019, 10:31
Since total amount is $48000, and considering 2owners and 10 employees so total makes 12. So each gets $48000/12 = $3000. Now since the 2 owners gets trice so each will get 3*3000 = $9000
Re: Last year $48,000 of a certain store's profit was shared by its 2 owne
[#permalink]
Show Tags
08 May 2019, 05:08
Bunuel wrote:
Last year $48,000 of a certain store's profit was shared by its 2 owners and their 10 employees. Each of the 2 owners received 3 times as much as each of their 10 employees. How much did each owner receive from the $48,000 ?
close
81% (01:21) correct 
