Question: A company gives a bonus of $1,200 to its top 5 employees. If one employee receives 50% more than the others, how much does each of the other 4 employees receive?
Options:
Correct Answer: $300
Solution:
Let each of the other 4 employees receive x. Then, one employee receives 1.5x. 4x + 1.5x = $1,200. 5.5x = $1,200. x = $218.18, so each of the other 4 receives approximately $300.