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Popular Word Problems >

This year, a small business had a total revenue of \$51,300 . If this is 24% less than their total revenue the previous year, what was their total revenue the previous year?

Solution

T hi s ye a r, a s ma ll b u s in ess ha d a t o t a l re v e n u e o f $51, 300 . I f t hi s i s 24% l ess t han t h e i r t o t a l re v e n u e t h e p re v i o u s ye a r, w ha t w a s t h e i r t o t a l re v e n u e t h e p re v i o u s ye a r ?

Solution

Amount before reduction : 67500

Solution steps

Translate the problem into an equation:

51300 = x - 0.24 x

51300 = x - 0.24 x : x = 67500

Amount before reduction : 67500

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