Question

. An insurance company made a profit of Rs 50000000 last year. It distributed 4% of its profit as a bonus among its employees equally so that each employee received Rs 20000 as a bonus.Find the number of employees.​

Answer 1

Answer:

I hope it helps you please mark me as a brain list

Answer 2

Answer:

100

Step-by-step explanation:

Here, net profit= Rs 50000000

Bonus amount= 4% of Rs 50000000

= 0.04* Rs 50000000

= Rs2000000

Now,

bonus received by each employee= Bonus amount/ no. of employees

or, Rs 20000= Rs 2000000/X( let no. of employees be x)

or, x= Rs 2000000/20000

therefore, X= 100

Thus the number of employees are 100