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

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Joined: 27 Apr 2009
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Schools: HBS '14 (A)
GMAT 1: 730 Q51 V36
Last year a company made a profit of \$60,000. The profit was divided a  [#permalink]

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Updated on: 26 Dec 2018, 03:43
00:00

Difficulty:

55% (hard)

Question Stats:

56% (01:59) correct 44% (01:38) wrong based on 18 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, 03:02.
Last edited by Bunuel on 26 Dec 2018, 03:43, edited 1 time in total.
Renamed the topic.
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Joined: 17 May 2018
Posts: 49
Re: Last year a company made a profit of \$60,000. The profit was divided a  [#permalink]

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26 Dec 2018, 04:35
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   [#permalink] 26 Dec 2018, 04:35
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