If a company's revenue increased by 20% to reach ,000, what was the original revenue?

Correct answer

A. ,000

Explanation

If original revenue × 1.20 = ,000, then original revenue = ,000 ÷ 1.20 = ,000.

Related MCQs

• If a company's revenue increased by 20% to reach ;000; what was the original revenue?
• A train travels 240 miles in 4 hours. At the same rate; how long will it take to travel 360 miles?
• Identify the logical flaw in this argument: "Every successful entrepreneur dropped out of college; so dropping...
• If x and y are positive integers and 3x = 5y; which of the following could be the value of x?
• A store marks up an item's cost by 40% to set the selling price. If the selling price is ; what was the ori...
• If the average of 5 consecutive integers is 14; what is the largest integer?