Question

How much will each person receive if the company divides the profit equally among its employees?

Answer 1

Given:

The total profit is P = 1.62 x 7^7 dollars.

The number of employees is N = 7^3 people.

The company divides the profit equally among its employees.

The objective is to find the amount received by each person.

Step-by-step explanation:

Consider the profit of each person as x.

`x=(P)/(N)\text{ . . .. (1)}`

On plugging the values in equation (1),

`x=(1.62*7^7)/(7^3)`

On further solving the above equation,

`\begin{gathered} x=1.62*7^7*7^(-3) \\ =1.62*7^4 \end{gathered}`

Hence, the amount received by each person is $1.62 x 7^4.