Answer:
$8.40
Step-by-step explanation:
We can write a proportion to find the total amount last year using the information given. A proportion is two equivalent ratios set equal to each other.
[tex]\frac{125}{100}=\frac{10.50}{y}[/tex]
We will cross multiply the numerator of one ratio with denominator of the other. And then solve for y.
125(y)=100(10.50)
125y=1050
y=8.40