This year, MBB Consulting fired 7% 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?  Choose one.
A) 98.5%  B) 100.0%  C) 102.3%  D) 104.5%  E) 105.0%
100 employees getting 1000$ avg, so total salary for 100 ppl = 100000   7% reduction in employees lead to 93 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 93 employees is   93*1100= 
<gadget id="calculator">  93*1100</gadget>
<output>102_300</output>
102300   Now the new salary is more than previous salary by x%. x= (102300/100000)*100= 
<gadget id="calculator">(102300/100000)*100</gadget>
<output>1_023/10 = around 102.3</output>
102.3%   So the Answer is 102.3%
<result>C</result>
This year, MBB Consulting fired 7% 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?