GRE Prep Club Team Member
Joined: 20 Feb 2017
Posts: 2506
Given Kudos: 1053
GPA: 3.39
Re: The table shows the amount budgeted and the amount spent for each
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18 Oct 2022, 06:25
In order to solve this problem,
Step 1: We need to calculate 6% of the amount budgeted for the various accounts.
Payroll - 6600
Taxes - 2400
Insurance - 150
Step 2: The range of the various departments are
Payroll - 103400 to 116000
Taxes - 37600 to 42400
Insurance - 2350 to 2650
From the values given in the question stem for the amount spent,
Payroll and Insurance have values outside the range. Hence Option D is our answer.