Three salespeople, Dan, Matt, and Nicole, earned annual commission in the ratio 3:5:8. If Nicole earned $28,000 in annual commission, what was the total value of the annual commission earned by the three salespeople?
A. $48,000
B. $50,000
C. $52,000
D. $54,000
E. $56,000
[spoiler]OA=E[/spoiler]
Source: Veritas Prep
Three salespeople, Dan, Matt, and Nicole, earned annual
This topic has expert replies
- GMATGuruNY
- GMAT Instructor
- Posts: 15539
- Joined: Tue May 25, 2010 12:04 pm
- Location: New York, NY
- Thanked: 13060 times
- Followed by:1906 members
- GMAT Score:790
D:M:N = 3:5:8.M7MBA wrote:Three salespeople, Dan, Matt, and Nicole, earned annual commission in the ratio 3:5:8. If Nicole earned $28,000 in annual commission, what was the total value of the annual commission earned by the three salespeople?
A. $48,000
B. $50,000
C. $52,000
D. $54,000
E. $56,000
The sum of the parts of the ratio = 3+5+8 = 16.
The values in red indicate the following:
Nicole's fraction of the total = 8/16 = 1/2.
Since Nicole's $28,000 is 1/2 of the total, the total = $56,000.
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
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
GMAT/MBA Expert
- Scott@TargetTestPrep
- GMAT Instructor
- Posts: 7294
- Joined: Sat Apr 25, 2015 10:56 am
- Location: Los Angeles, CA
- Thanked: 43 times
- Followed by:29 members
We can express the ratio as 3x : 5x : 8x. Nicole earned $28,000 so we can create the equation:M7MBA wrote:Three salespeople, Dan, Matt, and Nicole, earned annual commission in the ratio 3:5:8. If Nicole earned $28,000 in annual commission, what was the total value of the annual commission earned by the three salespeople?
A. $48,000
B. $50,000
C. $52,000
D. $54,000
E. $56,000
[spoiler]OA=E[/spoiler]
Source: Veritas Prep
8x = 28,000
x = 3500
So the total earned by all 3 people was 3x + 5x + 8x = 16x. Thus, we have 16 x 3500 = $56,000.
Answer: E
Scott Woodbury-Stewart
Founder and CEO
[email protected]
See why Target Test Prep is rated 5 out of 5 stars on BEAT the GMAT. Read our reviews