An employer reduces the number of employees in ratio 15:8 and increases their wages in the ratio 14:25 .In what ratio is their wage bill increased or decreased..
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Let the total no of employees initially be 15X
After downsizing the total no of employees = 8X
Similarly wages before be 14Y
And after downsizing = 25Y
Hence total wages before downsizing = total employees * wages per employee
= 15X*14Y=210XY
Total wages after downsizing = 8X*25Y= 200 XY
Ratio of wage bill = 210XY: 200XY
= 21:20
Hence the wage bill ratio decreases to 21:20
After downsizing the total no of employees = 8X
Similarly wages before be 14Y
And after downsizing = 25Y
Hence total wages before downsizing = total employees * wages per employee
= 15X*14Y=210XY
Total wages after downsizing = 8X*25Y= 200 XY
Ratio of wage bill = 210XY: 200XY
= 21:20
Hence the wage bill ratio decreases to 21:20
alankar2001:
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Answer:
The wage bill will be decreased and the ratio of the decrease is 21:20
Step-by-step explanation:
Given the ratio of the initial number of employees to that of reduced is 15:8
and the ratio of the initial wage to that of reduced is 14:25.
Now for the sake of simplicity let's assume the ratio as numbers then
the initial wage bill is 15x14(210) and the reduction is 8x25(200).
So there is a decrease and the reduction ratio is 210:200 = 21:20
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