Answer: A year ago, the company had 25000 employees
Explanation:
Let x represent the number of employees that the company had a year ago.
Today the company has 38% more employees than it did a year ago. This means that the number of employees that the company have today will be 38% of the number of employees that they had a year ago + the number of employees that they had a year ago.
If there are currently 34,500 employees, it means that
34500 = (38/100 × x ) + x
34500 = 0.38x + x = 1.38x
x = 34500/1.38 = 25000