Math Problem Statement

A company's revenue increased by 20% from 2019 to 2020. In 2021, the revenue decreased by 25%, bringing it down to $180,000. What was the revenue in 2019?A) $150,000

B) $160,000

C) $200,000

D) $225,000

E) $240,000

Solution

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Math Problem Analysis

Mathematical Concepts

Percentage increase/decrease

Formulas

Percentage change formula: New Value = Original Value * (1 ± Percentage Change)

Theorems

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Suitable Grade Level

High School