Emily makes $1,000,000 per year. If she has 10 employees who make $20,000 per year, how much would her salary be if she took part of her salary to make sure all of her employees make $35,000 per year.
Thoughts? Step-by-step reasoning:
Each employee needs $35,000 - $20,000 = $15,000 more per year. In total, Emily needs to pay $15,000 * 10 = $150,000 extra. Emily will need to have a new salary of $1,000,000 - $150,000 = $850,000 per year.
Thus, the answer is 850000.