A company made 700000 profit last year. It says this was 12percent more than the year before. What was the profit made the year
before
1 answer:
Answer:
784000
Step-by-step explanation:
Given data
Profit = 700000
Let us begin by finding what 12% of 700000 is
=12/100* 700000
=0.12* 700000
=84000
Hence the profit made last years was
=84000+700000
=784000
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