Question

Number of employees in a company increases by 30% every year. If there are 6000 employees in the company, find the number of employees in company after 2 years.​

Answer 1

amount = p(1+r/100)^t

so , here r = 30 %

p = 6000

t = 2 years

so putting in the formula

6000(1 + 30/ 100)power 2

taking LCM and cutting 0

6000(13/ 10) ^2

6000 × 13 / 10 ^ 2

6000 × 13/10 × 13/10

cutting it so the answer will be

10140

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