If a company hires people at a rate such that there is an annual increase of 5% in the total number of employees. The total number of employees presently is 57600.
What is the total number of employees working in the company after 2 years?

11025

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10125

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10625

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15025

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10705

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Solution

The correct option is A
11025

The total number of employees working after 2 years $= 57600 \times (1 + \frac{5}{100})^{2}$ $= 63504$

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If a company hires people at a rate such that there is an annual increase of 5% in the total number of employees. The total number of employees presently is 57600. What is the total number of employees working in the company after 2 years?

The correct option is A 11025 The total number of employees working after 2 years =57600×(1+5100)2 =63504

If a company hires people at a rate such that there is an annual increase of 5% in the total number of employees. The total number of employees presently is 57600.
What is the total number of employees working in the company after 2 years?

The correct option is A
11025

The total number of employees working after 2 years $= 57600 \times (1 + \frac{5}{100})^{2}$ $= 63504$