Question

the strauss insurance company laid off 20% of its employees one year and then increased its staff by 12 1/2% the following year. if the firm originally employed 120 workers, what was the net change in staff over two-year period?

Answer 1

The Strauss Insurance company's net change in staff over the two-year period was a loss of twelve employees. 24 of the original 120 were laid off the first year, leaving 96, and 12 were hired the following year,