• Oct 8th 2008, 11:37 AM
John Smith
Question:

A business has made a profit of 6% in the first year and 9% in the second year. What is the total profit percentage over the two years?
• Oct 8th 2008, 02:19 PM
Craneac
Insofar as I know, this question is unanswerable without more information. The answer would be, based on the information given, "anywhere between 6% and 9%."

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~Craneac
• Oct 8th 2008, 02:25 PM
icemanfan
If the business makes a profit of x%, then it ends up with a total amount of money equal to $1 + \frac{x}{100}$ times what it began with. The total profit percentage will be equal to 100[(1.06)(1.09) - 1].