Question

A company had an 8% increase in profits in July. If the July profits were

$60,000, how much were the profits in June?
A. $55,555
B. $75,000
C. $4,800
D. $750,000

Answer 1

Your answer should be “A. $55,555” If u need an explanation or equation I can give one!

Answer 2

A- $55k

Explanation:

common sense if there was in increase by only 8% that the only logial answer that would be the A- : $4444 when you multiply 8% of 55,555