SOLUTION: Translate the following situation into an equation. Do not solve.
“Profits in the fourth quarter for Company A were 78.2% of that of Company B. Profits in the fourth quarter for
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Question 421450: Translate the following situation into an equation. Do not solve.
“Profits in the fourth quarter for Company A were 78.2% of that of Company B. Profits in the fourth quarter for Company C were 103.8% of Company B’s profits. Together the three companies earned $324,300 in the fourth quarter. What were the profits for Company B?” (
Answer by mananth(16946) (Show Source): You can put this solution on YOUR website!
let company B profit be x
Company A profit = 78.2 % of B
=0.782x
Company C 103.8% of B's profit
103.8% of 0.782x
1.038*0.782x
=0.812x
...
x+0.782x +0.812x = 324,300
2.591x=324,300
x=125,164 Profit of B
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