48,100,000,000,000 in scientific notation is 4.81E+13.
On September 25.2014 Colson Corp. sold 200.000 widgetrons for 5$ per unit.
200.000*5$=1.000.000$. Same day company was paid for 40% which is 400.000$.
The rest of the money he get paid in two equal parts on November 15.2014 and January 20.2015. So Calson Corp. was paid 300.000$ on November 15.2014 and 300.000$ on January 20.2015.
The final price is the cost plus the tax.
Since we know the tax and a percent, we can write this as
T = C(1+r)
T = what Graham paid = $87.45
C = cost before tax
r = tax rate expressed as a decimal = .40
Plugging in what we know
87.45 = C (1+.4)
87.45 = C(1.4)
Divide both sides by 1.4
C = $62.46
