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From 2008 onw...

Question

From 2008 onwards the no of recruitment of trainees increases by 10% at Jacobsons and 20% at Robinsons. In which year would the no of these new trainees cross 10,000?___

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Solution

Ans: 2011
The number of fresh recruits would grow as:
$\begin{matrix} Y e a r & 2007 & 2008 & 2009 & 2010 & 2011 J a c o b s o n s (^{'} 00) & 365 & 401.5 & 441.65 & 485.82 & 534.4 R i c h a r d s o n s (^{'} 00) & 259 & 310.8 & 372.96 & 447.55 & 537.06 T o t a l & 624 & 712.3 & 814.61 & 933.37 & 1071.46 \end{matrix}$

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