## Related questions with answers

Question

As part of the largest-to-date damage award in a jury trial in history, the penalty handed down against the tobacco industry included a $36 billion dollar judgment against R.J. Reynolds. If this amount was 479% of this company’s 1999 revenue, how much was R.J. Reynolds’ 1999 revenue?

Solution

VerifiedTo solve for revenue we must divide the value of the fine by the percentage in decimal form. The percentage in decimal form is $\frac{479}{100}=4.79$ and thus:

$\dfrac{36}{4.79}=\boxed{\$7.51\text{ Billion}}$

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