Question

Assuming the fraction of $36,000 is $27,000= 3/4How do I determine the proportional raise of $1,000, what is the actual raise in dollars amount?

Answer 1

Answer:

$750

Explanation:

We are given that

$\frac{27000}{36000}=\frac{3}{4}$

and we have to find

$\frac{x}{1000}=\frac{3}{4}$

cross multipication gives

$4x=3\cdot1000$$4x=3000$

dividing both sides by 4 gives

$x=\frac{3000}{4}$

which simplifies to give

$x=750$

which is our answer1