Question

A company's profit in the first half of the year is $150,000 more than the second half of the year. If the total profit for the year is $850,000, then what is the profit for the first half of the year

Answer 1

Answer:

Profit for First half of the year is $450,000.

Step-by-step explanation:

Let the profit for second half of year be x

Now Given:

Profit in the first half of the year is $150,000 more than the second half of the year.

Profit in first half = $\ 150,000+x$

Total profit for the year = $850,000

We know that Total profit for the year is sum of Profit in first half and Profit in second half

$150000+x+x=850000\\150000+2x=850000\\2x= 850000-150000\\2x = 600000\\\\x=\frac{600000}{2}=300000$

Profit for Second half of year = $300000

Profit for First half of the year = $150000+x = 150000+300000=\ 450,000$

Hence Profit for First half of the year is $450,000.