Calculate the labour turnover rate according to replacement method from the following: No of workers on the payroll: – At the beginning of the month: 500 – At the end of the month: 600 During the month, 5 workers left, 20 workers were discharged and 75 workers were recruited Ofthese, 10 workers were recruited in the vacancies of those leaving and while the rest were engaged for an expansion scheme

The correct answer is A. 4.55%.

The formula for calculating the labor turnover rate according to the replacement method is:

(Number of workers leaving + Number of workers discharged) / Average number of workers during the period

In this case, the average number of workers during the period is (500 + 600) / 2 = 550.

The number of workers leaving is 5 + 20 = 25.

The number of workers discharged is 20.

Therefore, the labor turnover rate is (25 + 20) / 550 = 4.55%.

Option B is incorrect because it is the labor turnover rate calculated using the separation method.

Option C is incorrect because it is the labor turnover rate calculated using the accession method.

Option D is incorrect because it is the labor turnover rate calculated using the combined method.