Last year, Company X paid out a total of $1,050,000 in salaries to its 21 employees. If no employee earned a salary that is more than 15% greater than any other employee, what is the lowest possible salary that any one employee earned?  Choose the correct choice:
A) $40,000	B) $41,667	C) $42,000	D) $43,750	E) $60,000
Employee 1 earned $x(say)   Employee 2 will not earn more than $1.15x   Therfore, to minimize the salary of any one employee, we need to maximize the salaries of the other 20 employees   (1.15x*20)+x=1,050,000   Solving for x=$43,750   Answer $43,750
<result>D</result>
Last year, Company X paid out a total of $1,050,000 in salaries to its 21 employees. If no employee earned a salary that is more than 15% greater than any other employee, what is the lowest possible salary that any one employee earned?