Math Problem Statement

This year, a small business had a total revenue of . If this is more than their total revenue the previous year, what was their total revenue the previous year?

Solution

Ask a new question for Free

By Image

Drop file here or Click Here to upload

Math Problem Analysis

Mathematical Concepts

Algebra
Percentage Increase
Revenue Calculation

Formulas

Previous Year's Revenue = Current Year's Revenue / (1 + Percentage Increase)

Theorems

Proportional Relationships
Basic Percentage Formula

Suitable Grade Level

Grades 8-10