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Waiter A's compensation for any week is $500 plus 15 percent
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11 Jul 2019, 06:12
11 Jul 2019, 06:12
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Waiter A's compensation for any week is $500 plus 15 percent of the portion of A's total receipts above $600 for that week. Waiter B's compensation for any week is 25 percent of B's total receipts for that week. For what amount of total weekly receipts would both waiters earn the same compensation?
A. $12,200
B. $10,600
C. $8,900
D. $6,300
E. $4,100
A. $12,200
B. $10,600
C. $8,900
D. $6,300
E. $4,100
Re: Waiter A's compensation for any week is $500 plus 15 percent
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11 Jul 2019, 22:53
11 Jul 2019, 22:53
Carcass wrote:
Waiter A's compensation for any week is $500 plus 15 percent of the portion of A's total receipts above $600 for that week. Waiter B's compensation for any week is 25 percent of B's total receipts for that week. For what amount of total weekly receipts would both waiters earn the same compensation?
A. $12,200
B. $10,600
C. $8,900
D. $6,300
E. $4,100
A. $12,200
B. $10,600
C. $8,900
D. $6,300
E. $4,100
Here,
Let x = total Amount
As per ques,
\(500 + 0.15( x - 600 ) = 0.25 * x\)
\(500 + 0.15x - 90 = 0.25x\)
\(0.10x = 410\)
\(x = 4100\)
Hence for the amount of $4100, both waiters earns the same compensation
gmatclubot
Re: Waiter A's compensation for any week is $500 plus 15 percent [#permalink]
11 Jul 2019, 22:53
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