A company with 200 employees grew in size by 25% between 2005 and 2010. The company grew again by 10% between 2010 and 2015. What was the total number of employees in 2015?
To find the total number of employees in 2015, we’ll start by calculating the number of employees in 2010
To find the total number of employees in 2015, we’ll start by calculating the number of employees in 2010.
If the company grew in size by 25% between 2005 and 2010, we can represent this as:
Number of employees in 2010 = Number of employees in 2005 + 25% of Number of employees in 2005
Mathematically, this can be written as:
Number of employees in 2010 = Number of employees in 2005 + (25/100) * Number of employees in 2005
Simplifying this equation, we have:
Number of employees in 2010 = (1 + 25/100) * Number of employees in 2005
Now we can calculate the number of employees in 2010 using the given information that the company had 200 employees in 2005:
Number of employees in 2010 = (1 + 25/100) * 200
Number of employees in 2010 = (1 + 0.25) * 200
Number of employees in 2010 = 1.25 * 200
Number of employees in 2010 = 250
So, the number of employees in 2010 was 250.
Next, let’s calculate the number of employees in 2015. If the company grew in size by 10% between 2010 and 2015, we can represent this as:
Number of employees in 2015 = Number of employees in 2010 + 10% of Number of employees in 2010
Mathematically, this can be written as:
Number of employees in 2015 = Number of employees in 2010 + (10/100) * Number of employees in 2010
Simplifying this equation, we have:
Number of employees in 2015 = (1 + 10/100) * Number of employees in 2010
Now, let’s calculate the number of employees in 2015 using the calculated number of employees in 2010:
Number of employees in 2015 = (1 + 10/100) * 250
Number of employees in 2015 = (1 + 0.1) * 250
Number of employees in 2015 = 1.1 * 250
Number of employees in 2015 = 275
So, the total number of employees in 2015 was 275.
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