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Last year a company made a profit of $60,000. The profit was divided a

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Last year a company made a profit of $60,000. The profit was divided a  [#permalink]

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New post Updated on: 26 Dec 2018, 02:43
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A
B
C
D
E

Difficulty:

  55% (hard)

Question Stats:

50% (02:01) correct 50% (01:31) wrong based on 14 sessions

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Last year a company made a profit of $60,000. The profit was divided among the 2 owners and their 6 employees. How much did each employee receive from the $60,000?


(1) The sum of money received by the 2 owners was equal to the sum of money received by the the 6 employees.

(2) Each of the 2 owners received 2 times as much as each of their 6 employees.

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Originally posted by WiziusCareers1 on 26 Dec 2018, 02:02.
Last edited by Bunuel on 26 Dec 2018, 02:43, edited 1 time in total.
Renamed the topic.
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Re: Last year a company made a profit of $60,000. The profit was divided a  [#permalink]

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New post 26 Dec 2018, 03:35
1) insufficient. one possibility is that each person got a different share which is not possible to find with the info provided.

2) sufficient. Let x be the amount each employee got. We get the equation 2(2x)+6x=60k. This is solvable so the answer is B
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Re: Last year a company made a profit of $60,000. The profit was divided a &nbs [#permalink] 26 Dec 2018, 03:35
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Last year a company made a profit of $60,000. The profit was divided a

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