The city of Weston is expecting a budget deficit this year of $476,238, which is 31% less than
last year. What was last year's deficit?

Respuesta :

Answer:

$690,200

Step-by-step explanation:

  • This year's deficit = $476,238
  • The deficit is 31% less than last year

Assuming that last year's budget deficit was 100%

This year's deficit = 100 - 31 = 69%

If 69% = 476238

Then 100% = ?

Then x = ?

Cross-multiplying gives;

[tex]\frac{100 * 476238}{69} = 690200[/tex]

∴ Last years deficit was; $690,200