Problema Solution

the total profit for a company in february was 20% less than it was in january. the total profit for the two months was $157,498. Find the profit for each month.

Answer provided by our tutors

If total profit of coampny in January is x%

then in feb it was .8x%

 

so x+.8x = 1.8x 

1.8x = 157498

x=157498/1.8

x= 87498.88 in jan

and in feb it is 6999.1111