Practicing Success
Starting with 8000 workers, the company increases the number of workers by 5%, 10% and 20% at the end of first, second and third year respectively. The number of workers in the fourth year was? |
11,808 11,008 11,088 10,188 |
11,088 |
Workers (at present) × [1+\(\frac{5}{100}\)] × [1+\(\frac{10}{100}\)] × [1+\(\frac{20}{100}\)] = Workers in the Fourth year 8000 × \(\frac{105}{100}\) × \(\frac{110}{100}\) × \(\frac{120}{100}\) = Workers in the Fourth year 8000 × \(\frac{21}{20}\) × \(\frac{11}{10}\) × \(\frac{6}{5}\) = Workers in the Fourth year 11088 = Workers in the Fourth year |