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This​ month's commodity index decreased by one-tenth of last​ month's index to 360. What was last​...

This​ month's commodity index decreased by one-tenth of last​ month's index to 360. What was last​ month's index?

The last​ month's commodity index​ (before the​ decrease) is _______ .

Please explain step by step so I gain an understanding of how you get to the answer.

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Expert Solution

The last month's commodity index lets say = x

This month's commodity index decreased by one tenth of last month's index to 360=

x-x/10 =360

10x-x/10= 360

9x/10=360

9x=360*10

9x=3600

x=3600/9

x=400 .

so the last month's commodity index before decrease is = 400

jeff jeffy answered 2 years ago
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