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This year, a small business had a total revenue of $ 62 , 100. If this is 35 % more than their total revenue the previous year, what was their total revenue the previous year?

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sarajevo

Answer:

$ 46,000

Explanation:

The total revenue of a business is $ 62,100 which is 35% more than the revenue of the previous year.

Thus the revenue of the previous year is $ 46,000 which can be calculated in the following manner.

Let the previous year revenue be 100% so current year is 35% more so it is 135%.

Thus:-

When the revenue in % is 135% then the revenue in figure is $ 62,100.

Therefore when the revenue in % is 100% then the revenue will be:-

$ 62,100/135 * 100= $ 46,000.

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