A company made $4 million in the second quarter. This is 1/3 more than it made in the first quarter and 4/5 of what it made in the third quarter. How much did the company make in the three quarters combined?
1st: (4/3)x = 4mill, x = 3 million
3rd: (4/5)y = 4 million , y = 5 million
they made 3 mill + 4 mill + 5 mill = 12 million
To find the total amount the company made in the three quarters combined, we need to determine the amounts made in the first, second, and third quarters individually.
Let's start by finding the amount made in the first quarter. We know that the amount made in the second quarter is 1/3 more than in the first quarter. So, we can calculate the amount made in the first quarter by dividing the second-quarter amount by 4/3:
Amount in the first quarter = $4 million / (4/3) = $4 million * (3/4) = $3 million.
Next, we need to find the amount made in the third quarter, considering that the second quarter amount is 4/5 of the third quarter amount. We can calculate the amount made in the third quarter by dividing the second-quarter amount by 4/5:
Amount in the third quarter = $4 million / (4/5) = $4 million * (5/4) = $5 million.
Now that we have the amounts made in the first, second, and third quarters ($3 million, $4 million, and $5 million, respectively), we can find the total amount made in the three quarters combined:
Total amount made = $3 million + $4 million + $5 million = $12 million.
Therefore, the company made a total of $12 million in the three quarters combined.