This year, a small business had a total revenue of $40,700. If this is 26% less than their total revenue the previous year, what

Question

Vsevolod [243]

2 years ago

14

This year, a small business had a total revenue of $40,700. If this is 26% less than their total revenue the previous year, what

was their total revenue the previous year?

Mathematics

1 answer:

Virty [35] · Answer 1 · 2023-02-11T14:38:31+03:00

Virty [35]2 years ago

8 0

26% less than a value is best found by multiplying by (100 - 26)% = 74% = 0.74
So previous year x 0.74 = 40,700
Previous year = 40,700 / 0.74 = $55,000