sana.noor wrote:Of the 800 employees of company X, 70% have been with the company for at least 10 years. if "y" of these long-term members were to retire and no other employee changes were to occur, what value of y would reduce the percent of long-term employees in the company to 60 percent?
a) 200
b) 160
c) 112
d) 80
e) 56
OA is A
Current long-term = .7(800) = 560.
We can plug in the answers for the value of y.
Given that every value in the problem (800, 70, 60) is a multiple of 10, the correct answer choice almost certainly is itself a multiple of 10.
Answer choice B: 160
After 160 retire:
Remaining long-term = 560-160 = 400.
Remaining total = 800-160 = 640.
Resulting percentage = 400/640 * 100 = 62.5%.
For the resulting percentage to decrease to 60%, more long-term employees must retire.
The correct answer is
A.
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