If there is a reduction in the number of workers in an organisation in the ratio 14 : 8 and an increment in the wages in the ratio 40 : 63, then the percentage change in the total wages of the workers ?
Answer & explanation
Correct answer: option 4
Change in number of workers 14 : 8
Change in individual wages 40 : 63
Ratio of total wages = 14 x 40 : 8 x 63 = 10 : 9
Percentage change = \(\frac{1}{10}\) x 100% = 10% decrease