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25 June, 10:45

The profit in a business in one year was $35,000. What must be the profit the second year in order that the average for the two years may be $37,500?

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  1. 25 June, 11:13
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    Average of the 2 years is (year1+year2) / 2

    year1=35000

    year2=? average=37500

    so

    (year1+year2) / 2=37500

    (35000+?) / 2=37500

    times 2 both sides

    35000+?=75000

    minus 35000 both sides

    ?=40000

    the profit in 2nd year must be $40,000
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