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3 years ago

6

A newspaper report says that a company made £700’000 profit last year. It’s says this was 12% more than the year before. How muc

h profit did the company make the year before

1 answer:

katrin [286]3 years ago

7 0

Answer: £625,000

Step-by-step explanation:

Previous year's profit can be calculated as:

700000 / 1.12 = 625000

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