The following is the age distribution of 1,000 persons working in a large industrial house: Age-group No. of persons Age-group No. of persons 20-25 30 45-50 105 25-30 160 50-55 70 2 30-35 210 55-60 60 200 35 40 180 60-65 40 40 45 145 Due to continuous heavy losses the management decides to bring down the strength to 30% of the present number according to the following scheme: (i) To retrench the first 15% from the lower group. (ii) To absorb the next 45% in other branches. (iii) To make 10% from the highest age group retire permanently, if necessary. Calculate the age limits of the persons retained and those to be transferred to other departments. Also find the average age of those retained. 000
The following is the age distribution of 1,000 persons working in a large industrial house: Age-group No. of persons Age-group No. of persons 20-25 30 45-50 105 25-30 160 50-55 70 2 30-35 210 55-60 60 200 35 40 180 60-65 40 40 45 145 Due to continuous heavy losses the management decides to bring down the strength to 30% of the present number according to the following scheme: (i) To retrench the first 15% from the lower group. (ii) To absorb the next 45% in other branches. (iii) To make 10% from the highest age group retire permanently, if necessary. Calculate the age limits of the persons retained and those to be transferred to other departments. Also find the average age of those retained. 000
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...
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