Given:
The total revenue of this year = $14,600
This year revenue is 27% less than their total revenue in the previous year.
To find:
The total revenue in the previous year.
Solution:
Let x be the total revenue of the previous year.
This year revenue is 27% less than their total revenue the previous year.
Revenue in this year = Revenue in previous year - 27% of it
[tex]14600=x-\dfrac{27}{100}x[/tex]
[tex]14600=x-0.27x[/tex]
[tex]14600=0.73x[/tex]
Divide both sides by 0.73.
[tex]\dfrac{14600}{0.73}=x[/tex]
[tex]20,000=x[/tex]
Therefore, the total revenue in the previous year is $20,000.
