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In 2020, 37.50% of the total employees of a company paid income tax. If 450 employees of the company did not pay tax, what is the total number of employees in the company?
  • a)
    600
  • b)
    660
  • c)
    720
  • d)
    780
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
In 2020, 37.50% of the total employees of a company paid income tax. I...
(100 – 37.50)% of total employees = 450
62.50% of total employees = 450

Hence, Option C is correct.
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Most Upvoted Answer
In 2020, 37.50% of the total employees of a company paid income tax. I...
100-37.50= 62.50So that 450/62.50And we fund value of 100 means total employment so450/62.50*100= 450/6250*100*100= 720
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Community Answer
In 2020, 37.50% of the total employees of a company paid income tax. I...
Total Employees Calculation
To solve how many total employees are in the company based on the percentage of employees who paid income tax, follow these steps:
Understanding the Given Information
- Percentage of Employees Paying Tax: 37.50% (or 0.375)
- Employees Not Paying Tax: 450
Finding Employees Who Paid Tax
- Since 37.50% of the employees paid tax, it means that 62.50% did not pay tax.
- This can be calculated as:
- 100% - 37.50% = 62.50% (or 0.625)
Setting Up the Equation
- Let the total number of employees be represented as "x".
- According to the information, the percentage of employees not paying tax can be expressed as:
- 0.625 * x = 450
Solving for Total Employees
- Rearranging the equation gives:
- x = 450 / 0.625
- Calculating this, we find:
- x = 720
Conclusion
- Therefore, the total number of employees in the company is 720.
This confirms that the correct answer is option C: 720.
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