A businessman earns $26800 in December, thus decreasing his average annual (January to December) earnings by $1200. His average annual earnings would be
Source: CMAT Preparation
Pick:
A) $29000  B) $33500  C) $40000  D) $41000  E) $42300
(x - 26,800)/11 - x/12 = 1,200   x = 480,000   x/12 = 40,000   Answer: $40000.
<result>C</result>
A businessman earns $26800 in December, thus decreasing his average annual (January to December) earnings by $1200. His average annual earnings would be
Source: CMAT Preparation