Question

Of the 800 employees of Company X, 70 percent have been with the company for at least ten 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?

Answer 1

80 employees

Explanation:

Data: 800 employees

70% are "long terms" members

First we need to calculate how many are that 70% by using a rule of three:

`(800)/(x) = (100)/(70)  \\x = 560`

We are asking the number of employees to reduce this 70% long term to 60% long term. So we calculate how many are that 60% by using a rule of three:

`(800)/(x) = (100)/(60)  \\x = 480`

In order to reduce these long term employees to 60%, we calculate how many should retire:

y = 560 - 480 = 80 employees