SOLUTION: I recently opened up a new business. My company’s total profit for the months of September and October were $65,000. After looking at my profit numbers, I noticed that my profit
Algebra.Com
Question 1037749: I recently opened up a new business. My company’s total profit for the months of September and October were $65,000. After looking at my profit numbers, I noticed that my profit for the month of October was 15 % less than the month of September.
Answer by jorel555(1290) (Show Source): You can put this solution on YOUR website!
Let n be September's profit. October's profit is 15% less; or 85% of September's profit. So:
n+.85n=65000
1.85n=65000
n=65000/1.85=$35135.135 is September's profit
.85n=$29864.864864.....is October's profit!!!!!!!!!!
RELATED QUESTIONS
The total profit for a company in October was 16% higher than it was in September. The... (answered by nerdybill)
Please explain how to work this formula.
A company collects 60% of its sales during... (answered by Mathtut)
Hi can someone please let me know if I am on the right track, this problem is not from a... (answered by scott8148)
The seasonal indices of sales of a firm are under:
Months Index Months Index... (answered by proyaop)
A company collects 60% of its sales during the month of sale, 30% one month after the... (answered by Mathtut)
Hi, I seem to be stuck on a problem I can only get so far on this, I would appreciate... (answered by edjones)
Criticize the following claims, which were cited in the New York Times of September 25,... (answered by stanbon)
Solve the following word problems. Be sure to label the unknowns and to show the... (answered by stanbon)
Pleae help me with this problem.
A company collects 60% of its sales during the month... (answered by stanbon)