If a salesman received a commission of 3% of the sales that he has booked in a month, what was the sales booked by the salesman in the month of November 2003?Statement 1: The sales booked by the salesman in the month of November 2003 minus salesmans commission was $245,000Statement 2:The selling price of the sales booked by the salesman in the month of November 2003 was 125 percent of the original purchase price of $225,000a)Statement (1) ALONE is sufficient, but statement (2) alone is not sufficientb)Statement (2) ALONE is sufficient, but statement (1) alone is not sufficientc)Both statements TOGETHER are sufficient, but NEITHER statement ALONE is sufficientd)EACH statement ALONE is sufficiente)Statements (1) and (2) TOGETHER are NOT sufficientCorrect answer is option 'D'. Can you explain this answer?

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If a salesman received a commission of 3% of the sales that he has booked in a month, what was the sales booked by the salesman in the month of November 2003?

Statement 1: The sales booked by the salesman in the month of November 2003 minus salesman's commission was $245,000

Statement 2: The selling price of the sales booked by the salesman in the month of November 2003 was 125 percent of the original purchase price of $225,000

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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If a salesman received a commission of 3% of the sales that he has boo...

Step 1: Evaluate Statement 1 ALONE

Statement 1: The sales booked by the salesman in the month of November 2003 minus salesman's commission was $245,000

From statement 1, we know the value of sales after the salesman's commission is subtracted.
From the question stem, we know his commission is 3% of the sales booked. Then value of sales after subtracting his commission is 100 − 3 = 97% of the sales booked.
Putting the two together, we can deduce that 97% of sales booked = $245,000. So we can find out the sales booked.
Statement 1 ALONE is SUFFICIENT.
Eliminate choices B, C, and E.
Answers narrow down to choices (A) or (D).

Step 2: Evaluate Statement 2 ALONE

Statement 2: The selling price of the sales booked by the salesman in the month of November 2003 was 125 percent of the original purchase price of $225,000.

From statement 2, we know that the original purchase of the products is $225,000.
We can compute the sales booked as 125% of 225,000 = 1.25 × 225,000.
Statement 2 ALONE is SUFFICIENT.

Each statement is INDEPENDENTLY sufficient.

Choice D is the correct answer.

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If a salesman received a commission of 3% of the sales that he has booked in a month, what was the sales booked by the salesman in the month of November 2003?Statement 1: The sales booked by the salesman in the month of November 2003 minus salesmans commission was $245,000Statement 2:The selling price of the sales booked by the salesman in the month of November 2003 was 125 percent of the original purchase price of $225,000a)Statement (1) ALONE is sufficient, but statement (2) alone is not sufficientb)Statement (2) ALONE is sufficient, but statement (1) alone is not sufficientc)Both statements TOGETHER are sufficient, but NEITHER statement ALONE is sufficientd)EACH statement ALONE is sufficiente)Statements (1) and (2) TOGETHER are NOT sufficientCorrect answer is option 'D'. Can you explain this answer?

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If a salesman received a commission of 3% of the sales that he has booked in a month, what was the sales booked by the salesman in the month of November 2003?Statement 1: The sales booked by the salesman in the month of November 2003 minus salesmans commission was $245,000Statement 2:The selling price of the sales booked by the salesman in the month of November 2003 was 125 percent of the original purchase price of $225,000a)Statement (1) ALONE is sufficient, but statement (2) alone is not sufficientb)Statement (2) ALONE is sufficient, but statement (1) alone is not sufficientc)Both statements TOGETHER are sufficient, but NEITHER statement ALONE is sufficientd)EACH statement ALONE is sufficiente)Statements (1) and (2) TOGETHER are NOT sufficientCorrect answer is option 'D'. Can you explain this answer? for GMAT 2025 is part of GMAT preparation. The Question and answers have been prepared according to the GMAT exam syllabus. Information about If a salesman received a commission of 3% of the sales that he has booked in a month, what was the sales booked by the salesman in the month of November 2003?Statement 1: The sales booked by the salesman in the month of November 2003 minus salesmans commission was $245,000Statement 2:The selling price of the sales booked by the salesman in the month of November 2003 was 125 percent of the original purchase price of $225,000a)Statement (1) ALONE is sufficient, but statement (2) alone is not sufficientb)Statement (2) ALONE is sufficient, but statement (1) alone is not sufficientc)Both statements TOGETHER are sufficient, but NEITHER statement ALONE is sufficientd)EACH statement ALONE is sufficiente)Statements (1) and (2) TOGETHER are NOT sufficientCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for GMAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If a salesman received a commission of 3% of the sales that he has booked in a month, what was the sales booked by the salesman in the month of November 2003?Statement 1: The sales booked by the salesman in the month of November 2003 minus salesmans commission was $245,000Statement 2:The selling price of the sales booked by the salesman in the month of November 2003 was 125 percent of the original purchase price of $225,000a)Statement (1) ALONE is sufficient, but statement (2) alone is not sufficientb)Statement (2) ALONE is sufficient, but statement (1) alone is not sufficientc)Both statements TOGETHER are sufficient, but NEITHER statement ALONE is sufficientd)EACH statement ALONE is sufficiente)Statements (1) and (2) TOGETHER are NOT sufficientCorrect answer is option 'D'. Can you explain this answer?.

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