A major record label has seen its annual profit decrease in recent years. In 2011 the labels profit was $139 million. By 2015, the labels profit had decreased by 40%. Suppose the record label wants to increase its profit to 139$ million by 2017. By what percent must the labels profit increase from its 2015 value to reach 139$ million within the next two years?

Question

Mathematics

Mattie Lang

9 May, 00:02

A major record label has seen its annual profit decrease in recent years. In 2011 the labels profit was $139 million. By 2015, the labels profit had decreased by 40%. Suppose the record label wants to increase its profit to 139$ million by 2017. By what percent must the labels profit increase from its 2015 value to reach 139$ million within the next two years?

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Jr · Answer 1

40%

Step-by-step explanation:

if they started at 139 and decreased by forty cercent, and they wanna increase back up to 139 then they need to get BK that 40%