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GRE Prep Club Team Member
Joined: 20 Feb 2017
Posts: 2506
Given Kudos: 1055
GPA: 3.39
Of the 800 employees of Company X, 70 percent have been with the compa
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27 Nov 2021, 04:17
27 Nov 2021, 04:17
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Of the 800 employees of Company X, 70 percent have been with the company for at least ten years. If y of these "long-term" members were to retire and no other employee changes were to occur, what value of y would reduce the percent of "long-term" employees in the company to 60 percent ?
A. 200
B. 160
C. 112
D. 80
E. 56
A. 200
B. 160
C. 112
D. 80
E. 56
Of the 800 employees of Company X, 70 percent have been with the compa
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28 Nov 2021, 09:56
28 Nov 2021, 09:56
Expert Reply
The # of "long-term" employees is 70%*800=560.
After y of them retire new # of "long-term" employees would become 560-y.
Total # of employees would become 800-y.
We want 560-y to be 60% of 800-y --> 560-y=(800 -y)*60% --> y = 200.
Answer: A.
After y of them retire new # of "long-term" employees would become 560-y.
Total # of employees would become 800-y.
We want 560-y to be 60% of 800-y --> 560-y=(800 -y)*60% --> y = 200.
Answer: A.
gmatclubot
Of the 800 employees of Company X, 70 percent have been with the compa [#permalink]
28 Nov 2021, 09:56
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