Solve for x.
1 answer:
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Answer:
$700
Step-by-step explanation:
Given:
The ratio of taxes to profits is 7:3.
The taxes and profits total $1000.
Question asked:
Amount of taxes = ?
Solution:
Let ratios =
And amount of taxes =
Then amount of profit =
Sum of amount of taxes and profits = $1000.(given)
by dividing both side by 10
Thus, amount of taxes = =
=
Thus, amount of profits