On the construction work of a flyover bridge there were 320 workers initially. The number of workers were increased by 25% every year. Find the number of workers after 2 years.
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Answer:
The number of workers after 2 years = 500
Step-by-step explanation:
The problem is very much like that of compound interest
No. of workers after 2 years = Initial no. of workers(1 + rate/100)^2
= 320 × (1 + 25/100)^2
= 320 × 25/16
= 20 × 25 = 500
Therefore, the number of workers after 2 years = 500
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