Explain how to use compensation to find the difference between 30,000 and 6,985.

1 answer

To find the difference between 30,000 and 6,985 using compensation, you can follow these steps:

1. Start by rounding both numbers to the nearest thousand. In this case, 30,000 remains the same as it is already a multiple of 1,000, and 6,985 rounds to 7,000.

2. Next, calculate the compensation amount by subtracting the rounded numbers. So, 30,000 - 7,000 = 23,000.

3. Finally, subtract the compensation amount from the non-rounded number (30,000) to find the actual difference. Therefore, 30,000 - 23,000 = 7,000.

Hence, using compensation, the difference between 30,000 and 6,985 is 7,000.