Answer:
$125,000.12 last year
$375,000.36 this year
Step-by-step explanation:
Last year, her profits were x.
This year, the profits are three times greater, so they are 3x.
Altogether for both years, the profits are x + 3x = 4x.
The profits for both years combined are $500,000.48
4x = 500,000.48
Divide both sides by 4.
x = 500,000.48/4
x = 125,000.12
The profits last year were $125,000.12
This year, the profits were 3x = 3(125,000.12) = 375,000.36, or $375,000.36
