Question
The number of employees in a
company was 17,500 in 2015. It increased by 20% in 2016, decreased by 30% in 2017, and then increased by 35% in 2018. What is the number of employees in the company at the end of 2018? [Note: All percentage increases or decreases are with respect to the previous year.]Solution
ATQ,
The number of employees in a company was in 2016 = 1.2 × 17500 = 21000 The number of employees in a company was in 2017 = 0.7 × 21000 = 14700 The number of employees in a company was in 2018 = 1.35 × 14700 = 19845
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