Comprehensionhard · Past Paper
The company announced a 10% raise for all employees, but simultaneously increased health insurance premiums by 15%. What can be inferred about the employees' take-home pay?
AIt will significantly increase.
BIt will likely stay the same or decrease.
CEmployees will no longer need insurance.
DThe company is going bankrupt.
✓ Correct Answer: B — It will likely stay the same or decrease.
If costs (premiums) rise more than income (raise), the net financial benefit is neutralized or negative.
Share this question
More from Comprehension
- Read the passage: The 'Placebo Effect' demonstrates the powerful connection between the mind and the body. Patients often experience real improvements in their condition after taking a substance with no medicinal value, simply because they believe it will help. Question: What is the core finding of the Placebo Effect?
- Read the passage: Bhanubhakta Acharya is the first poet of Nepal. He translated the Ramayana into Nepali. He is known as 'Adikavi'. Question: Who is known as 'Adikavi'?
- Read the passage: Freedom of the press is vital for a healthy democracy. It allows journalists to report news without fear or favor. This keeps the public informed and the government accountable. Question: Why is freedom of the press important for democracy?
- Read the passage: Quantum mechanics, a branch of physics that deals with the behavior of particles at the atomic level, often defies classical intuition. Concepts like entanglement suggest that the universe is far more interconnected than previously imagined. Question: Why does quantum mechanics 'defy classical intuition'?
- Passage: The Chure range is particularly vulnerable to degradation due to its fragile geological structure. Q66. Why is the Chure range mentioned as being in danger?