Discover the answers to your questions at Westonci.ca, where experts share their knowledge and insights with you. Ask your questions and receive detailed answers from professionals with extensive experience in various fields. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

This year, a small business had a total revenue of $89,700. If this is 38% more than their total revenue the previous year, what was their total revenue the previous year?

Sagot :

Answer:

The business' total revenue last year was $65,000.

Step-by-step explanation:

So, if you need to find the previous year's total revenue, you would set up an equation like this:

    x + 0.38x = 89,700

I think it would work out something like this:

    x + 0.38x = 89,700

    1.38x = 89,700

    x = 65,000

To check, we would substitute 65,000 into the equation x + 0.38x = 89,700.

    x + 0.38x = 89,700

    (65,000) + 0.38(65,000) = 89,700

    65,000 + 24,700 = 89,700

    89,700 = 89,700