Question #N525
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
Click to reveal answer
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.