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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..

Respuesta :

Answer: $450,000

Step-by-step explanation:

luisejr77

Answer: $450,000

Step-by-step explanation:

We know that Jerome's earnings were from $150,000

And we know that this was 1/3 of the company's overall earnings.

Then let's call "x" to the company's general earnings

So a third multiplied by x must equal Jerome's earnings

[tex]\frac{1}{3}x=150,000[/tex]

Now we solve the equation for the variable x

[tex]x=150,000*3\\\\x= \$450,000[/tex]

Finally, the general earnings of the company were $450,000

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