Of the 800 employees of Company X, 30 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 20 percent ?  Choices:
A) 200 B) 160 C) 112 D) 80 E) 100
The # oflong-termemployees is 30%*800=240.   After y of them retire new # oflong-termemployees would become 240-y.   Total # of employees would become 800-y.   We want 240-y to be 20% of 800-y --&gt; 240-y=(800 -y)*20% --&gt; y = 100.   Answer: 100.
<result>E</result>
Of the 800 employees of Company X, 30 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 20 percent ?