3/5 of workers at a company have enrolled in the 403(b) program. If 24 workers have enrolled in the program, how many workers are employed at this company?
Explanation
Answer: B - 40 workers. Think of this in terms of a ratio: 3 parts of 5 are enrolled in the program. Those 3 parts are equal to 24; therefore, 1 part equals 8. So, the total number of workers is 5x8, or 40.
Key Takeaway: Fractions, percentages, decimals, and ratios are closely related. Understanding how to convert between these different forms will allow you to solve a wide variety of problems quickly and accurately.
