MathDB
1996 AJHSME Problem 23

Source:

July 10, 2011
AMC

Problem Statement

The manager of a company planned to distribute a $50 \$50 bonus to each employee from the company fund, but the fund contained $5 \$5 less than what was needed. Instead the manager gave each employee a $45 \$45 bonus and kept the remaining $95 \$95 in the company fund. The amount of money in the company fund before any bonuses were paid was
(A) 945 dollars(B) 950 dollars(C) 955 dollars(D) 990 dollars(E) 995 dollars\text{(A)}\ 945\text{ dollars} \qquad \text{(B)}\ 950\text{ dollars} \qquad \text{(C)}\ 955\text{ dollars} \qquad \text{(D)}\ 990\text{ dollars} \qquad \text{(E)}\ 995\text{ dollars}
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