Question

Donations to an annual fundraiser are 15% greater this year than last year. Last year, donations were 10% greater than the year before. The amount raised this year is $10,120. How much was raised 2 years ago? Explain how you know this answer is reasonable?

Answer 1

Answer:

Step-by-step explanation:

The amount raised this year is $10,120

an annual fundraiser are 15% greater this year than last year

This year percentage is 115 % from last year

Amount raised last year= 10120 / 115 * 100

= 8800

Amount raised last year is 8800, but it 10 % greater than the year before, that means 8800 is 110 % from the year before

8800 /110 * 100

= 8000

The money raised 2 years ago is Rs. 8000