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A corporation triples its annual bonus to 50 of its employees. What pe 10 Jan 2016, 08:14
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65% (hard)

Question Stats:

49% (01:17) correct 51% (01:09) wrong based on 597 sessions

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A corporation triples its annual bonus to 50 of its employees. What percent of the employees’ new bonus is the increase?


A. 50%

B. \(66\frac{2}{3}\)%

C. 100%

D. 200%

E. 300%
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B
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A corporation triples its annual bonus to 50 of its employees. What pe 11 Jan 2016, 06:34
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Let the annual bonus be X.
A corporation triples its annual bonus.
So new bonus = 3X.

Increase = 3X-X =2X
The increase is what percent of the employees’ new bonus
= (2X/3X)*100
= 66 2/3%
Hence B.
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A corporation triples its annual bonus to 50 of its employees. What pe 11 Jan 2016, 11:07
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gmatlbs
Let the annual bonus be X.
A corporation triples its annual bonus.
So new bonus = 3X.

Increase = 3X-X =2X
The increase is what percent of the employees’ new bonus
= (2X/3X)*100
= 66 2/3%
Hence B.
Show more


Or pick a number:
If the annual bonus was 10, the new annual bonus is 30.

What percent of the employees’ new bonus is the increase?
increase = new bonus - old bonus = 30-10 = 20

% of new bonus = \(\frac{increase}{new bonus}*100 = \frac{20}{30}*100 = 66 \frac{2}{3}\)%

Answer B.
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A corporation triples its annual bonus to 50 of its employees. What pe 11 May 2016, 10:29
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Tricky one ! Got stumped !
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A corporation triples its annual bonus to 50 of its employees. What pe 11 May 2016, 11:47
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spetznaz
Tricky one ! Got stumped !
Show more


Quote:
A corporation triples its annual bonusto 50 of its employees.What percent of the employees’ new bonus is the increase?
Show more

The highlighted part is irrelevant to this question...

Let earlier bonus be 1
Increased bonus will be 3

Net Increase will be 2

Quote:
What percent of the employees’ new bonus is the increase?
Show more

\(Required\)\(%\) %= \(\frac{Increase}{New Bonus}\) x \(100\)

\(Required\)\(%\) % = \(\frac{2}{3}\) x \(100\)

\(Required\) % =>\(66 \frac{2}{3}\)%
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A corporation triples its annual bonus to 50 of its employees. What pe 11 Nov 2018, 06:35
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Bunuel
A corporation triples its annual bonus to 50 of its employees. What percent of the employees’ new bonus is the increase?

A. 50%
B. 662⁄3%
C. 100%
D. 200%
E. 300%
Show more

Dear Moderator ,
Since the OA is 66\(\frac{2}{3}\), it is hard to find the OA since option B looks like \(\frac{662}{3}\).
Couldn't it be better to represent it in a more clear way? Hope you will look into this . Thank you.
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A corporation triples its annual bonus to 50 of its employees. What pe 11 Nov 2018, 06:43
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stne
Bunuel
A corporation triples its annual bonus to 50 of its employees. What percent of the employees’ new bonus is the increase?

A. 50%
B. 662⁄3%
C. 100%
D. 200%
E. 300%

Dear Moderator ,
Since the OA is 66\(\frac{2}{3}\), it is hard to find the OA since option B looks like \(\frac{662}{3}\).
Couldn't it be better to represent it in a more clear way? Hope you will look into this . Thank you.
Show more
______________________________
Edited to avoid confusion. Thank you.
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A corporation triples its annual bonus to 50 of its employees. What pe 13 Jan 2021, 07:28
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Abhishek009
spetznaz
Tricky one ! Got stumped !


Quote:
A corporation triples its annual bonusto 50 of its employees.What percent of the employees’ new bonus is the increase?

The highlighted part is irrelevant to this question...

Let earlier bonus be 1
Increased bonus will be 3

Net Increase will be 2

Quote:
What percent of the employees’ new bonus is the increase?

\(Required\)\(%\) %= \(\frac{Increase}{New Bonus}\) x \(100\)

\(Required\)\(%\) % = \(\frac{2}{3}\) x \(100\)

\(Required\) % =>\(66 \frac{2}{3}\)%
Show more




Abhishek009 hello :)

can you pls explain why my solution is wrong,

let x =10

50*10=500 total bonuses

increase =30 *50=1500

so percent increase (1500-500)/ 500 *100 = 200%

i picked D :?
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A corporation triples its annual bonus to 50 of its employees. What pe 13 Jan 2021, 07:52
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dave13
Abhishek009
spetznaz
Tricky one ! Got stumped !


Quote:
A corporation triples its annual bonusto 50 of its employees.What percent of the employees’ new bonus is the increase?

The highlighted part is irrelevant to this question...

Let earlier bonus be 1
Increased bonus will be 3

Net Increase will be 2

Quote:
What percent of the employees’ new bonus is the increase?

\(Required\)\(%\) %= \(\frac{Increase}{New Bonus}\) x \(100\)

\(Required\)\(%\) % = \(\frac{2}{3}\) x \(100\)

\(Required\) % =>\(66 \frac{2}{3}\)%




Abhishek009 hello :)

can you pls explain why my solution is wrong,

let x =10

50*10=500 total bonuses

increase =30 *50=1500

so percent increase (1500-500)/ 500 *100 = 200%

i picked D :?
Show more
Dear please check this line

Quote:
What percent of the employees’ new bonus is the increase?
Show more

Here the number of employees , ie 50 has no role to play, just ignore it and solve...
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A corporation triples its annual bonus to 50 of its employees. What pe 19 Aug 2025, 15:45
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