This year, MBB Consulting fired 8% of its employees and left remaining employee salaries unchanged. Sally, a first-year post-MBA consultant, noticed that that the average (arithmetic mean) of employee salaries at MBB was 10% more after the employee headcount reduction than before. The total salary pool allocated to employees after headcount reduction is what percent of that before the headcount reduction? Options
A) 98.5%	B) 101.2%	C) 102.8%	D) 104.5%	E) 105.0%
100 employees getting 1000$ avg, so total salary for 100 ppl = 100000   8% reduction in employees lead to 92 employees and a salary increase of 10% of previous avg salary   Thus the new avg salary is = 10%(1000)+1000 = 1100   so total salary of 92 employees is   92*1100= 
<gadget id="calculator">  92*1100</gadget>
<output>101_200</output>
101200   Now the new salary is more than previous salary by x%. x= (101200/100000)*100= 
<gadget id="calculator">(101200/100000)*100</gadget>
<output>506/5 = around 101.2</output>
101.2%   So the Answer is 101.2%
<result>B</result>
This year, MBB Consulting fired 8% of its employees and left remaining employee salaries unchanged. Sally, a first-year post-MBA consultant, noticed that that the average (arithmetic mean) of employee salaries at MBB was 10% more after the employee headcount reduction than before. The total salary pool allocated to employees after headcount reduction is what percent of that before the headcount reduction?