SOLUTION: Yearly profit
In news reports ,profits of a company this year (T)are often compared with those of last year(L) ,but actual values of T and L are not always given this yea
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Question 153172This question is from textbook introductory mathematical analysis , for business ,economics and the life and social science
: Yearly profit
In news reports ,profits of a company this year (T)are often compared with those of last year(L) ,but actual values of T and L are not always given this year, a company had profit of$25 million more than last year .The profits were up 30%.Determine T and L from these data.
I would appreciate it if you guide me through this problem. Thank you
This question is from textbook introductory mathematical analysis , for business ,economics and the life and social science
Answer by oscargut(2103) (Show Source): You can put this solution on YOUR website!
(beacause 25000000 is the 30$ of T)
then
then
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