What amount did Jean earn from the commission on her sales in the first half of 1988 ?
(1) In 1988 Jean's commission was 5 percent of the total amount of her sales.
(2) The amount of Jean's sales in the second half of 1988 averaged $10,000 per month more than in the first half
Statement 1:
If Jean's total sales = $100, then her commission = 5% of 100 = $5.
If Jean's total sales = $1000, then her commission = 5% of 1000 = $50.
Since her commission can be different values, INSUFFICIENT.
Statement 2:
Since the commission rate is unknown, INSUFFICIENT.
Statements combined:
Case 1: Sales for the first half of the year = $10000 per month, sales for the second half of the year = $20000 per month
In this case:
Total sales = (6*10000) + (6*20000) = $180,000.
Commission = 5% of 180,000 = $9,000.
Case 2: Sales for the first half of the year = $20000 per month, sales for the second half of the year = $30000 per month
In this case:
Total sales = (6*20000) + (6*30000) = $300,000.
Commission = 5% of $300,000 = $15,000.
Since the commission can be different values, INSUFFICIENT.
The correct answer is
E.
Private tutor exclusively for the GMAT and GRE, with over 20 years of experience.
Followed here and elsewhere by over 1900 test-takers.
I have worked with students based in the US, Australia, Taiwan, China, Tajikistan, Kuwait, Saudi Arabia -- a long list of countries.
My students have been admitted to HBS, CBS, Tuck, Yale, Stern, Fuqua -- a long list of top programs.
As a tutor, I don't simply teach you how I would approach problems.
I unlock the best way for YOU to solve problems.
For more information, please email me (Mitch Hunt) at
[email protected].
Student Review #1
Student Review #2
Student Review #3