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The following table shows the annual profit for five companies, the cost to purchase that company and the number of employees currently employed. Company Annual Profit Cost to Buy Company No of Employees A R40 000 R36 000 5 B R52 000 R50 000 7 C R42 000 R40 000 8 D R120 000 R130 000 18 E R81 000 R85 000 13 If the profit per employee remained the same, how many extra employees would Company C have to employ to achieve an annual profit that is 250% more than the current one? 4

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Parrainidn

Company C has to employ 20 extra workers to achieve an annual profit that is 250% more than the current one.

Company C currently makes a profit of R42,000 and employs 8 people.

First find the profit that would be 250% more than the current profit:

= 42,000 x ( 1 + 250%)

= R147,000

The current profit per employee is:

= Profit / Number of employees

= 42,000 / 8

= R5,250

The number of extra employees that Company C needs to employ is:

= (New profit - Old profit) / Profit per employee

= (147,000 - 42,000) / 5,250

= 20 employees

In conclusion, Company C needs to hire 20 extra employees to make a profit that is 250% more than the current one.

Find out more at https://brainly.com/question/12908971.

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