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attashe74
1 month ago
5

Solve the following problem: An investor earned triple the profits of what she earned last year. If she made $500,000.48 total f

or both years, how much did she earn in profits each year?
Mathematics
1 answer:
PIT_PIT [12.4K]1 month ago
7 0

Response:

$125,000.12 last year

$375,000.36 this year

Step-by-step clarification:

Last year, her earnings were x.

This year, her earnings are three times greater, thus they equal 3x.

For both years combined, the total earnings amount to x + 3x = 4x.

The earnings across both years together total $500,000.48

4x = 500,000.48

Dividing both sides by 4 gives us

x = 500,000.48/4

x = 125,000.12

Thus, last year's earnings were $125,000.12

This year, her profits amounted to 3x = 3(125,000.12) = 375,000.36, totaling $375,000.36

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Refer to the attachment for the complete question

Required

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