Of the 800 employees of Company X, 80 percent have been with the company for at least ten years. If y of theselong-termmembers were to retire and no other employee changes were to occur, what value of y would reduce the percent oflong-termemployees in the company to 60 percent ?  Answers:
A) 400
B) 160
C) 112
D) 80
E) 56
The # oflong-termemployees is 80%*800=640.   After y of them retire new # oflong-termemployees would become 640-y.   Total # of employees would become 800-y.   We want 640-y to be 60% of 800-y --&gt; 640-y=(800 -y)*60% --&gt; y = 400.   400nswer: 400.
<result>A</result>
Of the 800 employees of Company X, 80 percent have been with the company for at least ten years. If y of theselong-termmembers were to retire and no other employee changes were to occur, what value of y would reduce the percent oflong-termemployees in the company to 60 percent ?