When Siemens AG was fined $800 million for routinely offering bribes to win overseas contracts,the fine was _______ times larger than any previous bribery penalty.

Question

Quizplus · Accepted Answer

The question states that the $800 million fine was "times larger than any previous bribery penalty." Therefore, we need to find a number that, when multiplied by the size of the previous largest penalty, equals $800 million. If we call the size of the previous largest penalty "x," then we can set up the equation: x * n = 800 million, where n is the number of times larger the $800 million penalty is. Solving for n, we get n = 800 million / x. Since n must be a whole number (you can't have half or a quarter of a penalty), we want to find the highest whole number that n could be. This would be when x is as small as possible. We know that the previous largest penalty was less than $800 million, so let's start with $50 million. n = 800 million / 50 million = 16. So the $800 million penalty was 16 times larger than the previous largest penalty, which is choice D.

When Siemens AG Was Fined $800 Million for Routinely Offering