SOLUTION: If there are 2,347,690 employees this year and it is a 43.7 percent increase from the previous year. What was the former number of employees?

Algebra ->  Percentages: Solvers, Trainers, Word Problems and pie charts -> SOLUTION: If there are 2,347,690 employees this year and it is a 43.7 percent increase from the previous year. What was the former number of employees?      Log On


   

Question 207: If there are 2,347,690 employees this year and it is a 43.7 percent increase from the previous year. What was the former number of employees?
Answer by ichudov(507) About Me  (Show Source):
You can put this solution on YOUR website!
43.7% increase means that the number of employees this year is 1.437 times the number of employees last year. That means that the number of employees last year was 1%2F1.437 times the number of employees this year, or 2347690%2F1.437, or 1633744 employee.