The company recently reduced its production to 1 million bicycles, but maintained its profit of 30 million dollars. what greater number of bicycles had the company previously produced to make the same profit? round your answer to the nearest tenth. million bicycles
The greater number of bicycles that the company previously produced to make the same profit is 1.3 million bicycles.
To solve this question, we need to understand the division method by remainder theorem.
The division method by using the remainder theorem is the simplification of numbers by leaving a remainder.
From the given information:
It implies that, 1 bicycle = 30 million dollars/1 million bicycle
The number of bicycles that is greater than
The greater number of bicycles that the company previously produced to make the same profit is:
= 1 million dollars + 0.30 dollars (in the nearest tenth)
= 1.3 million bicycles.
Learn more about the division method here:
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