53,380 was the average last year .
Step-by-step explanation:
Here we have , So far this year, the average monthly revenue at Lexington Times is 50,711. That is 5% less than the monthly average was last year. We need to find that What was the average last year . Let's find out:
Let the monthly average was last year be x , According to question the average monthly revenue at Lexington Times is 50,711 but , That is 5% less than the monthly average was last year . Following equation for above scenario is :
⇒ [tex]x-\frac{5(x)}{100}=50711[/tex]
⇒ [tex]\frac{100x-5x}{100}=50711[/tex]
⇒ [tex]\frac{95x}{100}=50711[/tex]
⇒ [tex]\frac{95x(100)}{100(95)}=\frac{50711(100)}{95}[/tex]
⇒ [tex]x=\frac{50711(100)}{95}[/tex]
⇒ [tex]x=53380[/tex]
Therefore , 53,380 was the average last year .
