Question

The city of Weston is expecting a budget deficit this year of $476,238, which is 31% less than

Answer 1

Answer:

$690,200

Step-by-step explanation:

• This year's deficit = $476,238
• The deficit is 31% less than last year

Assuming that last year's budget deficit was 100%

This year's deficit = 100 - 31 = 69%

If 69% = 476238

Then 100% = ?

Then x = ?

Cross-multiplying gives;

$\frac{100 * 476238}{69} = 690200$

∴ Last years deficit was; $690,200