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Employees

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Employees

by gmat740 » Tue Jul 21, 2009 9:11 pm
Of the 800 employees in a certain company, 70% have serviced more than 10 years. A number of y of those who have serviced more than 10 years will retire and no fresh employees join in. When is y if the 10 years employees become 60% of the total employees?
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by raghavsarathy » Tue Jul 21, 2009 9:20 pm
560 employees have serviced more than 10 years.

Let y employees leave the company

(560-y)/(800-y) = 60/100

56000 - 100y = 48000 - 60y

40y = 8000

y=200

200 of these employees have to leave.
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by gmat740 » Tue Jul 21, 2009 10:02 pm
I got it
Thanks a lot raghav.
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