SOLUTION: Sales at a local ice cream shop went up 60% in 5 years. If 37,000 ice cream cones were sold in the current year, find the number of ice cream cones sold 5 years ago.

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Question 619668: Sales at a local ice cream shop went up 60% in 5 years. If 37,000 ice cream cones were sold in the current year, find the number of ice cream cones sold 5 years ago.
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
 

Hi,re TY..Yes! typo on the extra zero. Note highlighted: amount + 60% increase = 37000. 

Saleshighlight%28x%29 at a local ice cream shop went up 60% in 5 years.

37,000 ice cream cones  sold in the current year...

  x+%2B+.60x+=+37000

  x(1.60) = 37000

       x  = 37000/(1.60)

       x = 23,125, the number of ice cream cones sold 5 years ago.