BREAKING: Target Test Prep releases Brand New 2026 On Demand GMAT prep course

Redeem

A union contract specifies a \(6\) percent salary increase plus a \(\$450\) bonus for each employee. For a certain

This topic has expert replies
Post new topic Post Reply
Previous Topic Next Topic
Moderator
Posts: 2505
Joined: Sun Oct 15, 2017 1:50 pm
Followed by:6 members

A union contract specifies a \(6\) percent salary increase plus a \(\$450\) bonus for each employee. For a certain

by BTGmoderatorLU » Thu Jul 06, 2023 11:41 am

Timer

00:00

Your Answer

A

B

C

D

E

Global Stats

Source: Official Guide

A union contract specifies a \(6\) percent salary increase plus a \(\$450\) bonus for each employee. For a certain employee, this is equivalent to an \(8\%\) salary increase. What was this employee's salary before the new contract?

A. \(\$21500\)
B. \(\$22500\)
C. \(\$23500\)
D. \(\$24300\)
E. \(\$25000\)

The OA is B
Top
Source: — Problem Solving |
Legendary Member
Posts: 2499
Joined: Sun Oct 29, 2017 2:04 pm
Followed by:6 members

Re: A union contract specifies a \(6\) percent salary increase plus a \(\$450\) bonus for each employee. For a certain

by swerve » Sun Jul 09, 2023 12:42 pm
BTGmoderatorLU wrote: ↑
Thu Jul 06, 2023 11:41 am
 Source: Official Guide

A union contract specifies a \(6\) percent salary increase plus a \(\$450\) bonus for each employee. For a certain employee, this is equivalent to an \(8\%\) salary increase. What was this employee's salary before the new contract?

A. \(\$21500\)
B. \(\$22500\)
C. \(\$23500\)
D. \(\$24300\)
E. \(\$25000\)

The OA is B
Let \(x =\) original salary

\(6\%\) of \(x\) plus \(450\) dollars is the same as, or equals, \(8\%\) of \(x:\)

\(0.06x + 450 = 0.08x\)

\(0.02x = 450\)

\(\dfrac{450}{0.02} = 22,500\)

\(x\), original salary \(= \$22,500\)

Therefore, B
Top
Post new topic Post Reply
• Page 1 of 1