document.write( "Question 1031035: A bottled iced tea manufacturer saw profits increase 65% last year. This year, due to so much competition, profits fell 40%. Profits this year were 17,820,000. What was the realized profit for the iced tea company 2 years ago? \n" ); document.write( "
Algebra.Com's Answer #650078 by jorel555(1290)![]() ![]() ![]() You can put this solution on YOUR website! If profits fell from last year, and you made 17,820,000; that represents 60% of what you made last year;or, \n" ); document.write( "17,820,000/.6=29,700,000 profits from the year before. Before that, profits were up 65%, so \n" ); document.write( "1.65x=29,700,000 \n" ); document.write( "x=29,700,000/1.65=18,000,000 profits two years ago!!!!!!!! \n" ); document.write( " |