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In its second year of operation a local Internet provider s profits were 164 500...

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Algebra

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In its second year of operation a local Internet provider s profits were 164 500 If this amount was 486 of the company s first year profits find th first year profits to the nearest hundred dollars Step 1 If we let x represent the company s first year profits then we can set up an equation in x using the fact that 486 is written in decimal form as 4 86 4 86 Since the second year profits of 164 500 are 486 of x we have the equation 4 86 4 86 x 164 500 Step 2 Solve this equation to find x 4 86x 164 500 X 4 86 x 164 500 Enter an exact number to the nearest 100

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