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A survey of employers found that during 1993 employment cost

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The Official Guide For GMAT Quantitative Review, 2ND Edition

A survey of employers found that during 1993 employment costs rose 3.5 percent, where employment costs consist of salary costs and fringe-benefit costs. If salary costs rose 3 percent and fringe-benefit costs rose 5.5 percent during 1993, then fringe-benefit costs represented what percent of employment costs at the beginning of 1993 ?

(A) 16.5%
(B) 20%
(C) 35%
(D) 55%
(E) 65%

Problem Solving
Question: 154
Category:Algebra; Arithmetic First-degree equations; Percents
Page: 82
Difficulty: 600


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