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Last year an employee received a gross annual salary of

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Last year an employee received a gross annual salary of

by BTGmoderatorLU » Mon Jul 09, 2018 6:07 pm

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Last year an employee received a gross annual salary of $18,000, which has paid in equal paychecks throughout the year. What was the gross salary received in each of the paychecks?

1. The employee received a total of 24 paychecks during the year.
2. The employee received a paycheck twice a month each month during the year.

The OA is D.

Please, can someone assist me with this DS question? Thanks in advance!
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Source: — Data Sufficiency |
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by Shahrukh@mbabreakspace » Tue Jul 10, 2018 4:17 am

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Let the number of paychecks be 'n'
So, Per paycheck payment= 18000/n
Statement 1: It is sufficient as it gives the value of n=24
Statement 2: It is also sufficient, as we get, n=2*12= 24
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by deloitte247 » Wed Jul 11, 2018 10:09 am

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Gross annual salary = $18, 000
Question : What was the gross salary received in each of the paychecks?

Statement 1: The employees received a total of 24 paychecks during the year.
$$therefore,gross salary per paycheck=\frac{\left[\$18,000\right]}{24}$$
= $750
Statement 2 is also sufficient.
Final answer is option D, because each statement alone is sufficient.
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