Jerome is a co-owner of a small company and received 1/3 of the company’s profits this year. What were the company’s overall profits if Jerome made $150,000? Type an equation and solve.
Question
Question
Jerome is a co-owner of a small company and received 1/3 of the company’s profits this year. What were the company’s overall profits if Jerome made $150,000? Type an equation and solve.
Step-by-step explanation:
1/3 × x = 150,000
x/3 = 150,000
x = 150,000 × 3 = $450,000