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

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

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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