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Source: Princeton Review
An IT Department employs 8 people at an average salary of $80,000 yearly. The company pays yearly bonuses equal to 15% of employee's annual salary. Does the maximum individual bonus payment due to an employee in the IT department exceed $10,000?
1) The average salary of the five lowest paid and one highest paid IT employee is $93,600
2) IT employees salaries run from 65% to 135% of the average department salary
The OA is B
An IT Department employs 8 people at an average salary of $80,000 yearly. The company pays yearly bonuses equal to 15% of employee's annual salary. Does the maximum individual bonus payment due to an employee in the IT department exceed $10,000?
1) The average salary of the five lowest paid and one highest paid IT employee is $93,600
2) IT employees salaries run from 65% to 135% of the average department salary
The OA is B
