SOLUTION: a company's total profit for two months was $196,000. The second month's profit was 10% higher than the first month's profit. What was the profit made each month?
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Question 767031: a company's total profit for two months was $196,000. The second month's profit was 10% higher than the first month's profit. What was the profit made each month?
Answer by Cromlix(4381) (Show Source): You can put this solution on YOUR website!
196/210 (100% + 110%)
=0.9333
100 * 0.9333 = $93.33
110 * 0.9333 = $102.67
Total = $196.
Hope this helps.
:-)
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