SOLUTION: fuel inventories were lower then last year according to the San Fran. Chronicle dates Feb 24, 2007. This year there are 52.8 million barrels of inventory, a 11.52% drop what w

Question 179754: fuel inventories were lower then last year according to the San Fran. Chronicle dates Feb 24, 2007. This year there are 52.8 million barrels of inventory, a 11.52% drop

what was the amount of inventory last year to the nearest tenth?
Answer by Mathtut(3670) (Show Source): You can put this solution on YOUR website!
let x be the number of barrels of fuel in inventory last year
:
x-.1152x=52.8...........52.8 is in millions
:
.8848x=52.8
:
million barrels of fuel in inventory last year
RELATED QUESTIONS
Fuel inventories were lower than last year according to the San Francisco Chronicle dated (answered by checkley77)

Fuel inventories were lower than last year according to the San Francisco Chronicle dated (answered by Mathtut)

At a popular theme park, there were 1,600,000 visitors last year. This year, there were... (answered by sunjr2007,MathTherapy)

the number of employees that work at a company has increased by 40% over the past year.... (answered by rfer)

According to the February 2008 Federal Trade Commission report on consumer fraud and... (answered by Theo)

Suppose that in 1990, the average plane ticket from New York to San Francisco was $240... (answered by jim_thompson5910)

Last year there were 105 students divided evenly into a number of sections. This year,... (answered by ikleyn)

I have a word problem need help on. In 2007, there were 13,300 student at college A, (answered by dukesmart)