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This year, a small business had a total revenue of $23,100 . If this is 32% more than their total revenue the previous year, wh...Question
This year a small business had a total revenue of $64,600 if this is 36% more than their total revenue the previous year what was their total revenue the previous year
Answers
GPT 3.5
Let "x" represent the total revenue of the previous year.
According to the information given, the total revenue of this year is 36% more than the previous year's total revenue, so it can be expressed as x + 0.36x = 1.36x.
We know that the total revenue of this year is $64,600, so 1.36x = $64,600.
Dividing both sides of the equation by 1.36 gives x = $64,600 / 1.36 = $47,500.
Therefore, the total revenue of the previous year was $47,500. Answer: \boxed{47500}.
According to the information given, the total revenue of this year is 36% more than the previous year's total revenue, so it can be expressed as x + 0.36x = 1.36x.
We know that the total revenue of this year is $64,600, so 1.36x = $64,600.
Dividing both sides of the equation by 1.36 gives x = $64,600 / 1.36 = $47,500.
Therefore, the total revenue of the previous year was $47,500. Answer: \boxed{47500}.