The number of employees who work at Company $A$ increased by $18 %$ during the year $2003$ . During $2004$ , the number of employees increased by $26 %$ . Calculate the approximate percent of the increase, to the nearest percent, in employment over the two-year period.

31 %

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44 %

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49 %

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53 %

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65 %

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Solution

The correct option is C $49 %$
Let the employees of the company before $2003$ is $100$ .
Then after increasing $18 %$ employee in $2003$ total employees $= 100 + 18 = 118$
In year company increased $26 %$ in $2004$ .
Then total employees in $2004 =$ $\frac{126}{100} \times 118 = 148.68$
So the employee increased in two year $= 148.68 - 100 = 48.68$
So $%$ of increased in two years approx $= 49 %$

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The number of employees who work at Company A increased by 18% during the year 2003. During 2004, the number of employees increased by 26%. Calculate the approximate percent of the increase, to the nearest percent, in employment over the two-year period.

The number of employees who work at Company $A$ increased by $18 %$ during the year $2003$ . During $2004$ , the number of employees increased by $26 %$ . Calculate the approximate percent of the increase, to the nearest percent, in employment over the two-year period.