At the local bank, 60% of the employees have 2 or more children. There
are 240 employees that have fewer than 2 children. How many
employees does the bank have?
REAL ANSWER I just got it right it is 600
360
To find the number of employees the bank has, we need to determine the number of employees who have 2 or more children and those who have fewer than 2 children.
Let's start by finding the number of employees with fewer than 2 children. It is given that there are 240 employees with fewer than 2 children.
Next, we know that 60% of the employees have 2 or more children. To find out how many employees this represents, we need to find 60% of the total number of employees.
Let's assume the total number of employees is x.
Since 60% of the employees have 2 or more children, 40% must have fewer than 2 children (100% - 60% = 40%). This can be expressed as:
0.4 * x = 240 (since 40% of x represents the number of employees with fewer than 2 children)
Now we can solve for x:
0.4 * x = 240
x = 240 / 0.4
x = 600
Therefore, the bank has 600 employees.
0.4x = 240
Solve for x.