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Subject:
Math question
Category: Business and Money > Accounting Asked by: smiley69-ga List Price: $2.00 |
Posted:
06 Jan 2006 11:10 PST
Expires: 05 Feb 2006 11:10 PST Question ID: 430018 |
I have the net amount of $1874.00 after subtracting 20% of the gross. Hw do I figure the gross amount? |
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There is no answer at this time. |
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Subject:
Re: Math question
From: thetinman-ga on 06 Jan 2006 12:01 PST |
It comes out you to the equation 80% of gross is equal to the net. so divide the net amount by .8 and you will get the gross. |
Subject:
Re: Math question
From: frankcorrao-ga on 09 Jan 2006 10:42 PST |
thetinman is right, but i think you will learn more if you learn to solve a problem like this algebraicly, rather than by feel. Disect the words to form an equation, then solve for the unknown. What is the unknown we are trying to find? The gross, clearly. So let's call the gross "X". Now lets breakdown the rest: I have the net amount of $1874.00 after subtracting 20% of the gross So it says that we subtract 20% from X and get 1874, right? That translates to X - .20X = 1874. If you can understand how to get that formula, the rest is just simple arithmetic and algebra: X-.20X = .8X = 1874 .8X = 1874 .8x /.8 = 1874 /.8 X = 2342.5 |
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