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labour turn over ratio

Forums › FIA Forums › MA2 Managing Costs and Finance Forums › labour turn over ratio

  • This topic has 0 replies, 1 voice, and was last updated 10 years ago by alihussain.
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  • May 2, 2015 at 4:09 am #243593
    alihussain
    Member
    • Topics: 3
    • Replies: 15
    • ☆

    Question
    at the beginning of the year ,a company employed 4600 individuals.during the year 1800 individuals were recruited and at the of the year ,the company employed a total of 5500 individuals.
    what was the labour turn over ratio?
    a) 9%
    b) 17%
    c) 18%
    d) 20%

    i got the answer 35.64%. but correct answer is 18% .i don’t know how?
    i calculated new employees are 2700. so replaced employees are 1800.but in answer 900 employees ars replaced.
    plzzz… help …..

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