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Percentage equation
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I have another stumper from my Accounting class: A company had net income of $561,600 in 2010 and it experienced a 17% increase in net income over 2009. What was its 2009 net income? I can write down the formula, but I still do not understand the steps to solve it: 17% = ($561,600 – X) /...
Percentage
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We need help with this problem. Let's go with the number 20 and if we add 5% the answer will be 21. OK But if we subtract 5% of 21 the answer is 19.55. Our question is how can we get back to the #20? It might be a simple answer but we need help. Is there a formula? VERY Confused!!...
Percentage and Annual percentage growth. Tricky
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Hi there, I'm trying to work out the following question, but I am finding this question quite a struggle. I can find out the overall percentage for two sets of data for example year-to-year percentage growth, but I don't know how to even start this question, still no success! Here's the question:... View more questions Search
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