Problema Solution
Last year the profit for a company was $169,000. This year's profit decreased by 4.1%. Find this year's profit.
Answer provided by our tutors
Last year the profit for a company was $169,000. This year's profit decreased by 4.1%. Find this year's profit.
Solution:
This year's profit = (1-4.1%)*$169,000 = $162,071