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

Redeem
TTP OnDemand GMAT Video Course
Featured Course

Target Test Prep GMAT OnDemand

Scott Woodbury-Stewart’s private virtual classroom — 400 hours of master-class video lessons for the GMAT Focus Edition.

  • 715+ score guarantee — highest in the industry (99th percentile)
  • 52 chapters · 1,500+ lessons · 4,000+ practice questions
  • 400 hours of video · 1,500+ instructor-led HD smartboard lessons
  • 300,000+ students accepted to Harvard, Stanford, Wharton, Booth & Sloan & more
  • 24/7 live support + weekly Zoom office hours with GMAT instructors
  • TTP AI Assist — 24/7 AI-powered virtual tutor for instant help
  • 1,200+ flashcards + AI-powered study assistant & daily calendar
  • OnDemand, LiveTeach & GMAT Bootcamp formats available
  • Also: GRE, SAT Math & Executive Assessment courses
  • MBA Admissions Consulting now available
  • 🏆 2025 EdTech Breakthrough Award: Test Prep Solution Provider of the Year
  • 200,000+ students served
  • 5-day free trial — $0 to start, no auto-billing, cancel anytime
★★★★★ 5.0 (559 reviews)
130-pt guarantee
$0 to start then $127/mo
Start Free 5-Day Trial Read 559 Reviews →

The largest bonus that Felix can receive this year is equal

Expert replies
Post new topic Post Reply
Previous Topic Next Topic
Moderator
Posts: 7187
Joined: Thu Sep 07, 2017 4:43 pmFollowed by: 23 members
by BTGmoderatorDC » Thu Mar 28, 2019 4:39 am

Timer

00:00

Answers

A

B

C

D

E

Stats

Difficulty—

The largest bonus that Felix can receive this year is equal to 20% of his annual salary. The smallest bonus that he can receive this year is 30% of his largest possible bonus. What is Felix's annual salary?

1. The smallest possible bonus that Felix can receive this year is $4800.00
2. The difference between the largest and smallest bonus that Felix can receive this year is $11,200.00.

OA D

Source: Veritas Prep
Top
Join the discussion
Log in to postLogin with Googleuse password
QUOTE IN REPLY
Source: — Data Sufficiency |

GMAT/MBA Expert

User avatar
GMAT Instructor
Posts: 3008
Joined: Mon Aug 22, 2016 6:19 amFollowed by: 34 members
Location: Grand Central / New York
Thanked: 470 times

by Jay@ManhattanReview » Sun Mar 31, 2019 9:55 pm
BTGmoderatorDC wrote:The largest bonus that Felix can receive this year is equal to 20% of his annual salary. The smallest bonus that he can receive this year is 30% of his largest possible bonus. What is Felix's annual salary?

1. The smallest possible bonus that Felix can receive this year is $4800.00
2. The difference between the largest and smallest bonus that Felix can receive this year is $11,200.00.

OA D

Source: Veritas Prep
Say Felix's annual salary is $I.

Thus,

The largest bonus = 20% of I = I/5;
The Smallest bonus = 30% of I/5 = 3I/50

We have to get the value of I.

Let's take each statement one by one.

1. The smallest possible bonus that Felix can receive this year is $4800.00.

=> 3I/50 = 4,800 => I = $80,000

2. The difference between the largest and smallest bonus that Felix can receive this year is $11,200.00.

=> I/5 - 3I/50 = 11,200

7I/50 = 11,200

I = $80,000.

Sufficient.

The correct answer: D

Hope this helps!

-Jay
_________________
Manhattan Review GRE Prep

Locations: Manhattan GMAT | GMAT Prep Courses Riyadh | LSAT Prep Courses Orlando | Manhattan Prep SAT Courses | and many more...

Schedule your free consultation with an experienced GMAT Prep Advisor! Click here.
Top
Join the discussion
Log in to postLogin with Googleuse password
QUOTE IN REPLY
Post new topic Post Reply
• Page 1 of 1