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An Insurance employer reduces the number of his employees in the ratio 9: 8 and increases their wages in the ratio 14: 15. If the original wage bill was Rs. 18,900, find the ratio of decreased wage and original wage. 
  • a)
    20: 21 
  • b)
    21: 29 
  • c)
    20: 19
  • d)
    19: 21
Correct answer is option 'A'. Can you explain this answer?
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An Insurance employer reduces the number of his employees in the ratio...
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An Insurance employer reduces the number of his employees in the ratio...
Given Data:
Original ratio of employees: 9:8
Increased wage ratio: 14:15
Original wage bill: Rs. 18,900

Calculations:
Let the original wage per employee be 9x and 8x.
The total original wage bill is 9x + 8x = 17x.
After the decrease in employees and increase in wages, the new wage bill is (8/9) * 15y = 40y/3.
Given that the new wage bill is equal to the original wage bill, we have 40y/3 = 18900.
Solving for y, we get y = 1417.5.
Therefore, the new wage per employee is 15 * 1417.5 = Rs. 21262.5.
The decreased wage per employee is (8/9) * 21262.5 = Rs. 18850.

Ratio of Decreased Wage and Original Wage:
The ratio of decreased wage to original wage is 18850:18900, which simplifies to 20:21.
Therefore, the correct answer is option A: 20:21.
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An Insurance employer reduces the number of his employees in the ratio 9: 8 and increases their wages in the ratio 14: 15. If the original wage bill was Rs. 18,900, find the ratio of decreased wage and original wage.a)20: 21b)21: 29c)20: 19d)19: 21Correct answer is option 'A'. Can you explain this answer?
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An Insurance employer reduces the number of his employees in the ratio 9: 8 and increases their wages in the ratio 14: 15. If the original wage bill was Rs. 18,900, find the ratio of decreased wage and original wage.a)20: 21b)21: 29c)20: 19d)19: 21Correct answer is option 'A'. Can you explain this answer? for Teaching 2024 is part of Teaching preparation. The Question and answers have been prepared according to the Teaching exam syllabus. Information about An Insurance employer reduces the number of his employees in the ratio 9: 8 and increases their wages in the ratio 14: 15. If the original wage bill was Rs. 18,900, find the ratio of decreased wage and original wage.a)20: 21b)21: 29c)20: 19d)19: 21Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Teaching 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for An Insurance employer reduces the number of his employees in the ratio 9: 8 and increases their wages in the ratio 14: 15. If the original wage bill was Rs. 18,900, find the ratio of decreased wage and original wage.a)20: 21b)21: 29c)20: 19d)19: 21Correct answer is option 'A'. Can you explain this answer?.
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