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Reil [10]
4 years ago
10

So far this year, the average monthly revenue at Lexington Times is 50,711. That is 5% less than the monthly average was last ye

ar. What was the average last year
Mathematics
1 answer:
SOVA2 [1]4 years ago
7 0

53,380 was the average last year .

<u>Step-by-step explanation:</u>

Here we have , So far this year, the average monthly revenue at Lexington Times is 50,711. That is 5% less than the monthly average was last year. We need to find that  What was the average last year . Let's find out:

Let the monthly average was last year be x , According to question the average monthly revenue at Lexington Times is 50,711 but , That is 5% less than the monthly average was last year . Following equation for above scenario is :

⇒ x-\frac{5(x)}{100}=50711

⇒ \frac{100x-5x}{100}=50711

⇒ \frac{95x}{100}=50711

⇒ \frac{95x(100)}{100(95)}=\frac{50711(100)}{95}

⇒ x=\frac{50711(100)}{95}

⇒ x=53380

Therefore , 53,380 was the average last year .

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