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Math Help - simple percentage increase

  1. #1
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    simple percentage increase

    hello,

    could you help.


    i am trying to go back up a financial statement but stuck. could someoone help please example below.

    2011 2012

    profit before tax 100 X
    Tax Rate 20% 20%

    Total profit 80 120


    How do i get to "X"?

    thanks
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  2. #2
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    Re: simple percentage increase

    Quote Originally Posted by beng986 View Post
    hello,

    could you help.

    i am trying to go back up a financial statement but stuck. could someoone help please example below.

    2011 2012

    profit before tax 100 X
    Tax Rate 20% 20%

    Total profit 80 120

    How do i get to "X"?
    thanks
    1. If I understand your problem correctly the "total profit" is 80% of the income. If so:

    2. 80\% = \frac{80}{100} = 0.8

    120= 0.8 \cdot x~\implies~x=\frac{120}{0.8} = 150
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