GRE Prep Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.
Customized
for You
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
William gets two successive hikes of 10% and 20% in his sala
[#permalink]
02 Jul 2019, 04:01
02 Jul 2019, 04:01
2
1
1
Bookmarks
00:00
Question Stats:
29% (02:27) correct
70% (02:37) wrong based on 24 sessions
Hide Show timer Statistics
William gets two successive hikes of 10% and 20% in his salary, while his boss Kim gets a 10% hike, then William's salary becomes \(\frac{3}{5}\) of the salary of his boss Kim. If the difference between their original salaries is $30000, what is the current salary of Kim?
A) $45000
B) $60000
C) $66000
D) $90000
E) $160000
SOURCE : Gre Book 1 from Jamboree
A) $45000
B) $60000
C) $66000
D) $90000
E) $160000
SOURCE : Gre Book 1 from Jamboree
GRE Instructor
Joined: 19 Jan 2020
Status:Entrepreneur | GMAT, GRE, CAT, SAT, ACT coach & mentor | Founder @CUBIX | Edu-consulting | Content creator
Posts: 117
Given Kudos: 0
GPA: 3.72
Re: William gets two successive hikes of 10% and 20% in his sala
[#permalink]
12 May 2020, 23:24
12 May 2020, 23:24
3
1
Bookmarks
Bijesh wrote:
William gets two successive hikes of 10% and 20% in his salary, while his boss Kim gets a 10% hike, then William's salary becomes \(\frac{3}{5}\) of the salary of his boss Kim. If the difference between their original salaries is $30000, what is the current salary of Kim?
A) $45000
B) $60000
C) $66000
D) $90000
E) $160000
SOURCE : Gre Book 1 from Jamboree
A) $45000
B) $60000
C) $66000
D) $90000
E) $160000
SOURCE : Gre Book 1 from Jamboree
Let the salaries of William and Kim be $w and $k respectively
William's salary after hike = 110% of 120% of w = $(1.1 x 1.2 x w)
Kim's salary after hike = 110% of k = $1.1k
Since William's salary is now 3/5 of Kim:
1.1 x 1.2 x w = 3/5 x 1.1k
=> 5 x 1.2w = 3k
=> k = 2w
Difference between their salaries = k - w = w = 30000
=> k = 60000
=> New salary of Kim = 1.1k = $66000
Answer C
Re: William gets two successive hikes of 10% and 20% in his sala
[#permalink]
15 Feb 2024, 06:58
15 Feb 2024, 06:58
Hello from the GRE Prep Club BumpBot!
Thanks to another GRE Prep Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).
Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
Thanks to another GRE Prep Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).
Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
