This year a small business had a total revenue of 48,300 if this is 38% more than their total revenue the previous year what was the total revenue the previous year

35,000 was the total revenue the previous year

Step-by-step explanation:

Revenue of this year = 48,300

Revenue of the last year = M

38% more than their total revenue the previous year which can be written as:

38% of M = 48,300 - M

0.38 M= 48,300 -M

1.38 M = 48,300

35,000 was the total revenue the previous year

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