Carcass wrote:
The sum of the weekly salaries of 5 employees is $3,250. If each of the 5 salaries is to increase by 10 percent, then the average (arithmetic mean) weekly salary per employee will increase by
A. $52.50
B. $55.00
C. $57.50
D. $62.50
E. $65.00
To make things easier, let's say that all 5 employees have the SAME weekly salary.
The sum of the weekly salaries of 5 employees is $3,250$3250/5 = $650
So, each employee earns $650/month
If each of the 5 salaries is to increase by 10 percent...10% of $650 = $65
So, each employee's weekly salary will increase by $65
Answer: E
Cheer,
Brent