This year, MBB Consulting fired 6% 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?
Pick:
A) 98.5 % B) 100.0 % C) 102.8 % D) 103.4 % E) 105.0 %

Rationale: "100 employees getting 1000 $ avg , so total salary for 100 ppl = 100000 6 % reduction in employees lead to 94 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 94 employees is 94 * 1100 = 103400 now the new salary is more than previous salary by x % . x = ( 103400 / 100000 ) * 100 = 103.4 % so the answer is d"
Answer: D