dc123 wrote:

On july 1st of last year, the total number of employees at company E was decreased by 10%. Without any change in the salaries of the remaining employees, the avg employee salary was 10% more after the decrease in number of employees that before the decrease. The total combine salaries of all the employees at company E after July 1 last year was what percent of the before july 1 of last year?

90%

99%

100%

101%

110%

Help plz....

Question with percentages and answer also in percentages. The first and only thing I want to do is assume values.

Initial total no of emp = 100 (assumed value)

Initial total salary = 100 (assumed value)

Initial average = $1/emp (100/100 = 1)

New total no of emp = 90 (10% decrease)

New average salary = $1.1/emp (10% increase)

New total salary = 90*1.1 = 99

So new total salary is 99% of initial total salary.

Answer (B)

_________________

Karishma

Private Tutor for GMAT

Contact: bansal.karishma@gmail.com