Hi-Tech sales has 400 employees. in one year 32 employees quit and had to be replaced. What was Hi-Tech's turnover rate?

Question

A 12.5 percent
B 8 percent
C 32 percent
D 100 percent

Answer 1

To calculate the turnover rate, divide the number of employees who left and were replaced (32) by the total number of employees (400), and then multiply by 100.

Turnover rate = (32/400) * 100 = 0.08 * 100 = 8%

Therefore, the correct answer is B) 8 percent.