12
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Question 12 • 26-27 RPA Financial Math - MA2007 IC

Total employment for sheet metal workers in 2016 is projected to be 201,000. If this is a 6.3% increase from 2006, approximately what was the total employment in 2006?

Answer
A
214,000
B
187,000
C
195,000
D
189,000

Explanation

A 6.3% increase means the 2016 total is 106.3% of the 2006 total. Divide 201,000 by 1.063 to get approximately 189,000. Therefore, the best answer is d. 189,000.

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