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In a company of only \(20\) employees, \(10\) employees make \(\$\dfrac{80,000}{yr},\) \(6\) employees make

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by M7MBA » Thu Nov 19, 2020 8:37 am

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In a company of only \(20\) employees, \(10\) employees make \(\dfrac{\$ 80,000}{yr},\) \(6\) employees make \(\dfrac{\$150,000}{yr},\) and the \(4\) highest-paid employees all make the same amount. If the average annual salary for the \(20\) employees is \(\dfrac{\$175,000}{yr},\) then what is the annual salary of each highest-paid employee?

(A) \(\$250,000\)
(B) \(\$300,000\)
(C) \(\$350,000\)
(D) \(\$400,000\)
(E) \(\$450,000\)

Answer: E

Source: Magoosh
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