This year, a small business had a total revenue of 23,800. If this is 15% less than their total revenue the previous year, what was their total revenue the previous year?

Question

asked Nov 9, 2023 159k views

1 Answer

Nuno Ferro · Answer 1 · 2023-11-15T14:02:12+0000

Answer:

$28,000

Explanation:

Let x represent their total revenue the previous year. We can use this to set up an equation.

Total Revenue - 15% Total Revenue = 23,800

x - 15%x = 23,800

We can also represent x as 100%x, giving us:

100%x - 15%x = 23,800

85%x = 23,800

Percentages can also be represented as fractions. To convert a percentage into a fraction, you place the number percentage over 100. So...

(85)/(100)x=23,800 Simplify the fraction

(17)/(20)x=23,800 Multiply both sides by 20

17x = 476,000 Divide both sides by 17

x = 28,000

Therefore their total revenue the previous year was $28,000.