SOLUTION: If a company hired 50 employees and reduced all pay by $2 a day, their payroll increases by $260. If they lose 50 employees and add $4 a day to each employee, their payroll decr

Algebra.Com
Question 1022755: If a company hired 50 employees and reduced all pay by $2 a day, their payroll increases by $260. If they lose 50 employees and add $4 a day to each employee, their payroll decreases by $340. How many employees do they have?
Answer by josmiceli(19441)   (Show Source): You can put this solution on YOUR website!
Let = number of employees they have
Let = the original pay for each employee
---------------------------------------
(1)
(2)
----------------------------------
(1)
(1)
and
(2)
(2)
---------------------
Subtract (2) from (1)
(1)
(2)
-----------------------


They have 110 employees
---------------------
check:
(2)
(2)
(2)
(2)
The original pay rate was $11.60/hr
(1)
(1)
(1)
(1)
OK

RELATED QUESTIONS

A company figured that if had 50 more employees and paid each one $2 per day less, the... (answered by ankor@dixie-net.com)
I need help solving this: A company ABC asked you to design a simple payroll program... (answered by richwmiller)
Xin owns a business with 100 employees. He is downsizing his workforce and has determined (answered by ikleyn)
The first day, a contractor hired 11 carpenters, 3 masons, and 5 helpers. The second... (answered by ankor@dixie-net.com)
You are calculating payroll. Your company has 45 employees who work 40 hours a week and... (answered by Theo)
A union contract requires at least one union steward for every 20 union employees or... (answered by richwmiller)
a union contract requires at least one union steward for every 20 union employees or... (answered by stanbon,josmiceli)
Regular union employees earn $120/day, and union stewards earn $144/day. a company has a... (answered by mananth)
Show all work. During the last 52 weeks, a company has paid overtime wages for 18 weeks... (answered by Theo)