An employer reduces the number employers in the ratio 15:8 and increases their wages in the ratios 14:25. In whatratio, the wages bill is increased or decreased.
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Solution
An employer reduces the number employers in the ratio 15:8.
Let the original number of employees =15x
The current number of employees =8x.
An employer increases their wages in the ratios 14:25.
Let the original wages=14y
The current wages =25y.
The total original wages =15x*14y=210xy
The total current wagres = 8x* 25y= 200xy