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A small business reported profits of 125% of the previous month's profit. If they profited $5,000 this month, then how much did they profit last month? *

A small business reported profits of 125% of the previous month's profit. If they profited $5,000 this month, then how much did they profit last month? *
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A small business reported profits of 125% of the previous month's profit. If they profited $5,000 this month, then how much did they profit last month? *

asked
User Sapanoia
by
8.7k points

1 Answer

4 votes

Answer:

4000

Explanation:

5000/ 1.25 = 4000

answered
User Tapas
by
8.2k points
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