Mathematics
glo300
27

In the fifth year of operation the profit of a company was 3 times the profit it earned in the first year of operation if its profit was $114,000 in the fifth year if operation what was the profit in the first year?

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(1) Answers
Cibula685

Let the profit at the first year be X 3x=114000 Solve for x by dividing each side by 3 3x/3=114000/3 X=38,000 So the profit was 38000

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