Question

As part of a damage award in a jury trial, a penalty handed down included a $48 billion judgement against a company. If this amount was 96% of this company's revenue last year, how much was the company's revenue last year?

Answer 1

you don't know what the companies revenue was, but you know that 96% of it was 48 billion. if you call the companies revenue R then you know
\[.96R=48\] solve for \(R\) via \(R=48\div.96\)