A company found that its profits for February of this year were 22% higher than its profits for January this year. If the total profit for those two months was $45,000 what was the January profit this year?

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter14: Sequences And Mathematical Induction
Section14.3: Another Look At Problem Solving
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A company found that its profits for February of this year were 22% higher than its profits for January this year. If the total profit for those two months was $45,000 what was the January profit this year?

 

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