SOLUTION: The profit for a company in february was 7% lower than it was in january. The total profit for the two months was $127,000. Find the profit for each month.

Algebra ->  Percentages: Solvers, Trainers, Word Problems and pie charts -> SOLUTION: The profit for a company in february was 7% lower than it was in january. The total profit for the two months was $127,000. Find the profit for each month.      Log On


   

Question 460999: The profit for a company in february was 7% lower than it was in january. The total profit for the two months was $127,000. Find the profit for each month.
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
The profit for a company in february was 7% lower than it was in january. The total profit for the two months was $127,000. Find the profit for each month.
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Let January profit be "x"
The February profit is "0.93x"
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Equation:
x + 0.93x = 127000
1.93x = 127000
x = $65,803.11 January profit
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093x = $61,196.89 February profit
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Cheers,
Stan H.