Understanding how a budget is created will help you develop good financial decision making skills. This is known as: Question 3
1 answer:
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You changed the mixed numeral into a fraction correctly.
Now you need to multiply the fractions.
Multiply the numerators together, and multiply the denominators together.
Now we could multiply out the numerator and denominator, and then we'd need to reduce the fraction, but before we multiply, we see there is a factor of 5 both in the numerator and in the denominator, so we can reduce before we multiply.
The expression in company B represents that is is in arithmetic progression where first term is 42000 and common difference is 1800 . So we have to use the formula of sum of n terms which is
Where a is the first term, n is the nth term, d is the common difference
On substituting there values,we will get
= 15(84000+52200) = 15*136200 =2043000
And for company A, it is
Difference between them =2043000-2002500= 40500
So the correct option is the second option .