Question

brand a has recognition value of $47 more than brand b . if the total value of these two brands are $113 million , find the value of each of the brands

Answer 1

So a-47=b
so total value =113 times 1,000,000=113,000,000=a+b
subtitute a-47=b into equation

a+a-47=113,000,000
add 47 to both sides
2a=113,000,047
divide both sides by 2
$56,500,023.5=a or roughly 56.5 million

a-47=b
56,500,032.5-47=b
56,499,976.5=b

so 56,500,023.5=a
56,499,976.5=b