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3 years ago

A company makes cars.

Mathematics

1 answer:

Juliette [100K]3 years ago

4 0

Answer:

$6,250,000

Step-by-step explanation:

Let :

2016 income = x

2017 income = x + $500,000

2017 income is 8% more than company's income in 2016

Thus ;

8% of 2016 income = 500000

0.08x = 500,000

x = 6,250,000

Hence, the company's income in 2016 is $6,250,000

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