Question

the number of employees for a certain company has been decreasing each year by 2%. if the company currently has 540 employees and this rate continues, find the number of employees in 8 years​

Answer 1

455.2

Explanation:

=2%of540

=1/50×540

=1/5×54

=10.8

thus after 8 years=10.8×8

=84.8

thus number of people remaining=

540-84.8

=455.2