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 70 percent ?	Choose one
A) 200
B) 266.67
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 70% of 800-y --&gt; 640-y=(800 -y)*70% --&gt; y = 266.67.   Answer: 266.67.
<result>B</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 70 percent ?