SOLUTION: The manager of a company planned to distribute a $50 bonus to each employee from the company fund, but the fund contained $5 less than what was needed.Instead the manager gave each

Question 321370: The manager of a company planned to distribute a $50 bonus to each employee from the company fund, but the fund contained $5 less than what was needed.Instead the manager gave each employee a $45 bonus and kept the remaining $95 in the company fund. The amount of money in the company fund before any bonuses were paid was
A $945 B $950 C $955 D $990 E $995
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
Let = money in company fund before bonuses were paid
Let = number of employees
given:

Rewriting these:
(1)
(2)
Subtract (2) from (1)

and, from (1)

There was $995 in company fund originally
check:
(1)

and
(2)

OK

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