Question

one business that had 150 employees had to let 60 of them go. Find the percent change in the number of employees.

Answer 1

To find the percent change in the number of employees, you can use the formula for percent change:

\[
\text{Percent Change} = \frac{\text{New Value} - \text{Old Value}}{\text{Old Value}} \times 100
\]

1. **Old Value** (original number of employees) = 150
2. **Number of employees let go** = 60
3. **New Value** (number of employees after layoffs) = 150 - 60 = 90

Now, plug these values into the formula:

\[
\text{Percent Change} = \frac{90 - 150}{150} \times 100
\]

\[
\text{Percent Change} = \frac{-60}{150} \times 100
\]

\[
\text{Percent Change} = -0.4 \times 100
\]

\[
\text{Percent Change} = -40\%
\]

So, the percent change in the number of employees is **-40%**. This indicates a decrease of 40% in the workforce.