Summer is Coming! Join the Game of Timers Competition to Win Epic Prizes. Registration is Open. Game starts Mon July 1st.

It is currently 18 Jul 2019, 21:09

Close

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

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.

Close

Request Expert Reply

Confirm Cancel

One-half of the employees of Acme Co. earn salaries above $18,000 annu

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:

Hide Tags

Find Similar Topics 
Math Expert
User avatar
V
Joined: 02 Sep 2009
Posts: 56257
One-half of the employees of Acme Co. earn salaries above $18,000 annu  [#permalink]

Show Tags

New post 25 Feb 2018, 11:12
00:00
A
B
C
D
E

Difficulty:

  25% (medium)

Question Stats:

88% (01:14) correct 12% (01:26) wrong based on 37 sessions

HideShow timer Statistics


Retired Moderator
avatar
D
Joined: 25 Feb 2013
Posts: 1197
Location: India
GPA: 3.82
GMAT ToolKit User Reviews Badge
One-half of the employees of Acme Co. earn salaries above $18,000 annu  [#permalink]

Show Tags

New post 25 Feb 2018, 11:19
Bunuel wrote:
One-half of the employees of Acme Co. earn salaries above $18,000 annually. One-third of the remainder earn salaries between $15,000 and $18,000. What part of the staff earns below $15,000?

(A) 1/6
(B) 2/3
(C) 1/2
(D) 1/10
(E) 1/3


Let there be \(6\) employees in the co.

\(3\) earn \(>18000\)

\(1\) (1/3rd of remainder 3 employees) earn between 18000 & 15000

Hence \(2\) earn less than 15000

so fraction earning less than 15000 \(= \frac{2}{6}=\frac{1}{3}\)

Option E
Intern
Intern
avatar
S
Joined: 01 Jun 2015
Posts: 41
Location: India
Reviews Badge
Re: One-half of the employees of Acme Co. earn salaries above $18,000 annu  [#permalink]

Show Tags

New post 25 Feb 2018, 13:23
1
total employees : 100x

with more than equal to 18000 = 50x

in range 15000 - 18000 = 50x/3

less than 15000 = 100x - 50x - 50x/3

fraction = less than 15000 / 100x = 1/3
VP
VP
User avatar
D
Joined: 31 Oct 2013
Posts: 1392
Concentration: Accounting, Finance
GPA: 3.68
WE: Analyst (Accounting)
Re: One-half of the employees of Acme Co. earn salaries above $18,000 annu  [#permalink]

Show Tags

New post 25 Feb 2018, 14:07
Bunuel wrote:
One-half of the employees of Acme Co. earn salaries above $18,000 annually. One-third of the remainder earn salaries between $15,000 and $18,000. What part of the staff earns below $15,000?

(A) 1/6
(B) 2/3
(C) 1/2
(D) 1/10
(E) 1/3


If we know the no of employees this question could be solved easily.
Let the of employee be 6
so, only 3 employee get more than 18000 as 1/2 of the employee get more than 18000.
no the no. of remaining employee is 3.
only 1 employee get get his salary between 15000 and 18000 as only 1/3 of the remaining employees fall under this categories.

so, the no. of employee who get less than 15000 is 2.

so, required fraction: 2/6

=1/3
GMAT Club Bot
Re: One-half of the employees of Acme Co. earn salaries above $18,000 annu   [#permalink] 25 Feb 2018, 14:07
Display posts from previous: Sort by

One-half of the employees of Acme Co. earn salaries above $18,000 annu

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  





Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne