SOLUTION: Profits in the second quarter for a local retailer were 112% of that in the first quarter. Profits in the third quarter were 87% of the first quarter. the profit fot the the three

Algebra ->  Algebra  -> Percentage-and-ratio-word-problems -> SOLUTION: Profits in the second quarter for a local retailer were 112% of that in the first quarter. Profits in the third quarter were 87% of the first quarter. the profit fot the the three       Log On

Ad: Algebra Solved!™: algebra software solves algebra homework problems with step-by-step help!
Ad: Algebrator™ solves your algebra problems and provides step-by-step explanations!

   


Question 473594: Profits in the second quarter for a local retailer were 112% of that in the first quarter. Profits in the third quarter were 87% of the first quarter. the profit fot the the three quaters combined exceeded $255,000. what were the profits for each quarter.
Answer by rfer(12660) About Me  (Show Source):
You can put this solution on YOUR website!
x+1.12x+.87x=255000
2.99x=255000
x=$85,284.28 ist q
1.12x=$95,518.39 2nd q
0.87x=$74,197.32 3rd q