Salary Grade

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Salary Grade

by Mani_mba » Sat Jul 26, 2008 12:45 am
At a certain company, each employee has a salary grade s that is at least 1 and at most 5. Each employee receives an hourly wage p, in dollars, determined by the formula p = 9.50 + 0.25(s – 1). An employee with a salary grade of 5 receives how many more dollars per hour than an employee with a salary grade of 1?
A. $0.50
B. $1.00
C. $1.25
D. $1.50
E. $1.75
Source: — Problem Solving |

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by Mani_mba » Sat Jul 26, 2008 12:48 am
The OA is given as C But IMO it is B. Am i missing something ?

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by Ian Stewart » Sat Jul 26, 2008 3:40 am
Mani_mba wrote:The OA is given as C But IMO it is B. Am i missing something ?
No, you're not missing a thing- the OA must be wrong. Where's the question from?

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by raunekk » Sat Jul 26, 2008 5:59 am
i m gettin B ..

Problem wit OA

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by pbanavara » Tue Dec 09, 2008 8:27 pm
This is from an old paper based GMAT - I guess the OA is wrong.

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by farooq » Tue Dec 15, 2009 8:58 am
Mani_mba wrote:At a certain company, each employee has a salary grade s that is at least 1 and at most 5. Each employee receives an hourly wage p, in dollars, determined by the formula p = 9.50 + 0.25(s � 1). An employee with a salary grade of 5 receives how many more dollars per hour than an employee with a salary grade of 1?
A. $0.50
B. $1.00
C. $1.25
D. $1.50
E. $1.75
Answer is B
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London. UK

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by sanju09 » Wed Dec 16, 2009 1:22 am
Given that 1≤ s ≤ 5.

Putting s = 1 in p = 9.50 + 0.25 (s - 1) gives p (1) = $9.50 and s = 5 in p = 9.50 + 0.25 (s - 1) gives p (5) = $10.50, such that,

p (5) minus p (1) = $1.00.

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by bhumika.k.shah » Wed Jan 20, 2010 10:08 am
i think there is no way the answer can be C

Can someone take a firm stand on this?

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by itsratul » Wed Jan 20, 2010 5:06 pm
The ans is $1...

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by sanju09 » Wed Jan 20, 2010 10:50 pm
bhumika.k.shah wrote:i think there is no way the answer can be C

Can someone take a firm stand on this?
great thought! but how much more firm it could be when even Ian shares it with you, ms shah? :roll:
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by varun289 » Fri Feb 01, 2013 8:41 am
its very simple question - only option will be B ,

here diff of one dollar only due to gardes

i.e due to 5 is max grade and that produces 4 and .25 X 4 = 1 dollar
enjoy ///////coool