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

question 45

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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?


Definitions:

Allison Transmission

A manufacturer known for producing automatic transmissions for medium and heavy-duty commercial vehicles, as well as military vehicles.

Separate Clutches

Separate clutches refer to systems where multiple clutches are used independently to control different sets of gears, allowing for more efficient transmission and power distribution in heavy machinery or performance vehicles.

Four-Speed

Describes a transmission or gearbox with four distinct gear ratios.

Hydromechanical Transmission

A combination of hydraulic and mechanical systems in a transmission to transfer power from the engine to the wheels.

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