The labour turnover rates for the year ended 31st March, 2010 are 10%, 5% and 3% respectively under' Flux method', 'Replacement method 'and' Separation method'. If the number of workers replaced during the given period is 60, calculate the number of workers recruited and joined during the period.
D
Correct answer
Explanation
It is 84
Number of workers recruited and joined is calculated according to Flux Method -
Suppose number of accessions be y that is the number of workers who joined and recruited
Labour Turnover Rate = ( Number of Separations + Number of Accessions )
Average Number of Workers
10 / 100 = ( 36 + y ) / 1200
1200 X 10 = 100 ( 36 + y )
12000 = 3600 + 100 y
100 y = 12000 - 3600
100 y = 8400
y = 84