Question

A financial company had 24000 employees. In 2008 the company retrenched 5% of their employees and 60.25% had a pay cut and the rest were unaffected. Find the number of employees that were unaffected

Answer 1

Explanation:

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Answer 2

9063

Explanation:

Number of employees was retrenched : 0.05*24000 = 1200

=> Number of employees were still working there: 24000-1200 = 22800

Number of employees were affected by having a pay cut = 22800*0.6025 =13737

=> Number of employees that were unaffected = 22800 - 13737 = 9063