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30 Aug 2024, 07:25
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Partners: 8
Associates: 56
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
25%
(medium)
Question Stats:
81% (01:56) correct
19%
(02:30)
wrong
based on 390
sessions
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Borenstein Inc., a law firm, has only two kinds of employees in its hierarchy - Partners and Associates. The average annual remuneration of Partners in the firm is $200,000 and the average annual remuneration of Associates in the firm is $80,000. The average annual remuneration of all employees of Borenstein Inc. is $95,000.
Select for Partners and Associates, the possible number of Partners and Associates who may be employed at Borenstein Inc., consistent with the information suggested above. Make only two selections, one in each column.
Select for Partners and Associates, the possible number of Partners and Associates who may be employed at Borenstein Inc., consistent with the information suggested above. Make only two selections, one in each column.
| Partners | Associates | Number |
| 8 | ||
| 10 | ||
| 49 | ||
| 56 | ||
| 72 |
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Official Answer
Partners: 8
Associates: 56
catinabox
Alum
Joined: 27 Nov 2019
Last visit: 28 Apr 2026
Posts: 612
Own Kudos:
Given Kudos: 225
Location: United States (IL)
Schools: Kellogg '24 (M)
GMAT 1: 770 Q50 V44
GPA: 4
30 Aug 2024, 07:35
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If the number of Partners = x
And the number of Associates = y
(200x + 80y) / (x+y) = 95
200x + 80y = 95x + 95y
105x = 15y
7x=y
If y=8, x = 56.
And the number of Associates = y
(200x + 80y) / (x+y) = 95
200x + 80y = 95x + 95y
105x = 15y
7x=y
If y=8, x = 56.
22 Sep 2024, 07:17
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[200(p)+80(a)]/(p+a) = 95
7p = a
p = 8, a = 56
7p = a
p = 8, a = 56
