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Q.

What is the approximate percentage increase in the total employees of the companies from 2013 to 2016?


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a

50%

b

10.5%

c

9.5%

d

9.2%

answer is A.

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Detailed Solution

Concept-
Calculate the total number of employees in both companies under the act of 2013 and the total number of employees in both companies as of 2016. Both numbers can be found in the graph. then utilise the method to determine the percentage gain https://lh4.googleusercontent.com/h7GA9mxTCMxO0xwmW9LjmiLye1O4zrUQshePlyZ0DRQ5LWBxg3OYzez3mWOa0uHqzNSD6l0zdB_kvLVDoWkMKG3eTgk1IaSRnEORynPkYEZmybgGnDgyaa0zKPLTvQZhDgcU85Lx7GDlqOhPmZoY2ABased on the graph,
Company P has 25000 employees as of the year 2013. Company Q has 45000 employees as of the year 2013.
As a result, the combined number of employees under both 2013 corporations acts is = 25000 + 45000 = 70000. According to the graph, corporation P had 50,000 employees as of 2016. 55000 people are employed by firm Q as of 2016. Therefore, the combined workforce for both businesses in 2016 was 50000 + 55000 = 105000.
Now we must determine the percentage increase in the combined workforces of the two businesses.
Increase in percentage = https://lh4.googleusercontent.com/h7GA9mxTCMxO0xwmW9LjmiLye1O4zrUQshePlyZ0DRQ5LWBxg3OYzez3mWOa0uHqzNSD6l0zdB_kvLVDoWkMKG3eTgk1IaSRnEORynPkYEZmybgGnDgyaa0zKPLTvQZhDgcU85Lx7GDlqOhPmZoY2AThe rise in this case is the difference between the total number of employees in both organizations as of 2016 and as of the Companies Act of 2013.
Additionally, the initial value represents the workforce in 2013.
In light of this, percentage rise https://lh6.googleusercontent.com/jOTs25WCB3A9AFMYQPwUZyqkaay2ZtVLDOvG3txF_5Rzs63JXOe-W2kN6_089bS89S7M5949tKEnDdDgcDdvbnlIJlr5Sl8TNxvV1BOarN8IFMKb_hEL8-k6g_oUfWfb6FWFdk9Kqz8k3CWXs3Oz-AHence, the correct answer is 1) 50%
 
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