Wow, where do we start? Since we know the total
profit and percent
of profit of napkins from 2001, we can start by finding the profit of
napkins
there was in 2001.
What percentage or profit was napkins in
2001? If
you said 52% you are correct!!!
So what would be the profit of napkins in
2001? When
we take a percentage of a number, we write
the percentage in decimal form and then multiply it times the
number
we are taking the percentage of.
Taking 52% of the total profit of 275 million we get:
(.52)(275 million) = 143 million
143 million is the profit made on napkins in 2001.
Using this found information we need to find out the
profit of napkins
in 2000.
The question says that the profit for napkins in 2001
was 35% lower
than its profit in 2000.
We are going to let x be
the profit for
napkins in 2000
We are needing an equation that represents the English
phrase "the profit
for napkins in 2001 was 35% lower than its profit in 2000". Going left
to right, the profit for napkins in 2001 would be 143 million, was
would
be our = sign, 35% lower than the its profit in 2000, would be starting
with the profit in 2000, which is x and
subtracting
35% of that, which is .35x. From
all
of this we get the following equation:
