This year, a small business had a total revenue of

$23,100
. If this is
32%
more than their total revenue the previous year, what was their total revenue the previous year?

1 answer

Let X be the total revenue of the previous year.
According to the problem, we know that:

23,100 = X + 0.32X

Simplifying and solving for X:

23,100 = 1.32X
X = 17,500

Therefore, the total revenue of the previous year was $17,500.