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3 years ago

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In the fifth year of operation the profit of a company was 3 times the profit it earned in the first year of operation if its pr

ofit was $114,000 in the fifth year if operation what was the profit in the first year?

1 answer:

bogdanovich [222]3 years ago

4 0

Let the profit at the first year be X
3x=114000
Solve for x by dividing each side by 3

3x/3=114000/3
X=38,000

So the profit was 38000

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3 years ago

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3 years ago