Solve the Problem. -James Doubled His Profit Compared with That of Last Year

question 45

Multiple Choice

Solve the problem.
-James doubled his profit compared with that of last year. Last year he doubled his profit from the previous year. If his profit this year was $12,000, then what was his profit last year and the year Before that?

• A)$9000; $6000
• B)$9000; $3000
• C)$3000; $1500
• D)$6000; $3000

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Definitions:

Psychosocial Development

A theory proposed by Erik Erikson that describes how individuals evolve through various stages of social and psychological development from infancy to adulthood.

Erikson

Refers to Erik Erikson, a developmental psychologist known for his theory on the psychosocial development of human beings.

Industry Versus Inferiority

A stage in Erik Erikson's theory of psychosocial development where children develop a sense of competence through mastering tasks.

Psychosocial Stages

A theory proposed by Erik Erikson, which posits that individuals go through eight developmental stages, each involving a specific conflict that must be resolved.