Question #N524
The number of employees at a company increased by 10% in 2018 and decreased by 5% in 2019. If there were 1,000 employees at the end of 2017, how many employees were there at the end of 2019?
A. 950
B. 1,000
C. 1,050
D. 1,100
Correct Answer is: A
At the end of 2018, the number of employees increased by 10%, so there were 1,000 + (10/100)*1,000 = 1,100 employees. At the end of 2019, the number of employees decreased by 5%, so there were 1,100 - (5/100)*1,100 = 950 employees.