Annual Income = I
2% of annual income = 2I/100
average 100 units of currency and 1% of I = [100 + I/100]/ 2
Question stem:
2I/100 + [100 + I/100]/ 2
2I/100 + (10000 + I)/200
(4I + 10000 + I)200
5I/200 + 10000/200
I/40 + 50
Hence C.
Hope this helps.
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GMATPrep word problem/algebra
Source: Beat The GMAT — Problem Solving |
Same as morgoth ! just that i plug in values always ...
Let the Income earned is 1000$
2 percent of income is 20
and the average of of 100 units and 1 percent of income
(100+10)/2=55
so total 75
plugin in back ! only C satusfies
OA C
Let the Income earned is 1000$
2 percent of income is 20
and the average of of 100 units and 1 percent of income
(100+10)/2=55
so total 75
plugin in back ! only C satusfies
OA C
