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The question below consists of a question and two statements numbered (1) and (2) given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. Read both the statements and give answer
Each week a certain salesman is paid a fixed amount equal to $300, plus a commission equal to 5 percent of the amount of his sales that week over $1,000. What is the total amount the salesman was paid last week?
(1) The total amount the salesman was paid last week is equal to 10 percent of the amount of his sales last week.
(2) The salesman's sales last week totaled $5,000.
  • a)
    Statement (1) ALONE is sufficient, but statement (2) alone is not sufficient.
  • b)
    Statement (2) ALONE is sufficient, but statement (1) alone is not sufficient.
  • c)
    BOTH statements TOGETHER are sufficient, but NEITHER statement ALONE is sufficient.
  • d)
    EACH statement ALONE is sufficient.
  • e)
    Statements (1) and (2) TOGETHER are not sufficient.
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
The question below consists of a question and two statements numbered ...
(a) let the sales be x for last week.
thus 300+ 0.05(x − 1000) = 0.1x
will give the value of x and hence the payment.
(b) direct answer.
thus D.
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The question below consists of a question and two statements numbered (1) and (2) given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. Read both the statements and give answerEach week a certain salesman is paid a fixed amount equal to $300, plus a commission equal to 5 percent of the amount of his sales that week over $1,000. What is the total amount the salesman was paid last week?(1) The total amount the salesman was paid last week is equal to 10percent of the amount of his sales last week.(2) The salesmans sales last week totaled $5,000.a)Statement (1) ALONE is sufficient, but statement (2) alone is not sufficient.b)Statement (2) ALONE is sufficient, but statement (1) alone is not sufficient.c)BOTH statements TOGETHER are sufficient, but NEITHER statement ALONE is sufficient.d)EACH statement ALONE is sufficient.e)Statements (1) and (2) TOGETHER are not sufficient.Correct answer is option 'D'. Can you explain this answer?
Question Description
The question below consists of a question and two statements numbered (1) and (2) given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. Read both the statements and give answerEach week a certain salesman is paid a fixed amount equal to $300, plus a commission equal to 5 percent of the amount of his sales that week over $1,000. What is the total amount the salesman was paid last week?(1) The total amount the salesman was paid last week is equal to 10percent of the amount of his sales last week.(2) The salesmans sales last week totaled $5,000.a)Statement (1) ALONE is sufficient, but statement (2) alone is not sufficient.b)Statement (2) ALONE is sufficient, but statement (1) alone is not sufficient.c)BOTH statements TOGETHER are sufficient, but NEITHER statement ALONE is sufficient.d)EACH statement ALONE is sufficient.e)Statements (1) and (2) TOGETHER are not sufficient.Correct answer is option 'D'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about The question below consists of a question and two statements numbered (1) and (2) given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. Read both the statements and give answerEach week a certain salesman is paid a fixed amount equal to $300, plus a commission equal to 5 percent of the amount of his sales that week over $1,000. What is the total amount the salesman was paid last week?(1) The total amount the salesman was paid last week is equal to 10percent of the amount of his sales last week.(2) The salesmans sales last week totaled $5,000.a)Statement (1) ALONE is sufficient, but statement (2) alone is not sufficient.b)Statement (2) ALONE is sufficient, but statement (1) alone is not sufficient.c)BOTH statements TOGETHER are sufficient, but NEITHER statement ALONE is sufficient.d)EACH statement ALONE is sufficient.e)Statements (1) and (2) TOGETHER are not sufficient.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The question below consists of a question and two statements numbered (1) and (2) given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. Read both the statements and give answerEach week a certain salesman is paid a fixed amount equal to $300, plus a commission equal to 5 percent of the amount of his sales that week over $1,000. What is the total amount the salesman was paid last week?(1) The total amount the salesman was paid last week is equal to 10percent of the amount of his sales last week.(2) The salesmans sales last week totaled $5,000.a)Statement (1) ALONE is sufficient, but statement (2) alone is not sufficient.b)Statement (2) ALONE is sufficient, but statement (1) alone is not sufficient.c)BOTH statements TOGETHER are sufficient, but NEITHER statement ALONE is sufficient.d)EACH statement ALONE is sufficient.e)Statements (1) and (2) TOGETHER are not sufficient.Correct answer is option 'D'. Can you explain this answer?.
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What is the total amount the salesman was paid last week?(1) The total amount the salesman was paid last week is equal to 10percent of the amount of his sales last week.(2) The salesmans sales last week totaled $5,000.a)Statement (1) ALONE is sufficient, but statement (2) alone is not sufficient.b)Statement (2) ALONE is sufficient, but statement (1) alone is not sufficient.c)BOTH statements TOGETHER are sufficient, but NEITHER statement ALONE is sufficient.d)EACH statement ALONE is sufficient.e)Statements (1) and (2) TOGETHER are not sufficient.Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice The question below consists of a question and two statements numbered (1) and (2) given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. 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