Answer
$20,100
Work Step by Step
To solve this problem, use the given equation, where x represents the percent:
y = \frac{6.7x}{100 - x}
Since x = 75, or 75 percent, substitute 75 for x in the equation, and solve.
y = \frac{6.7(75)}{100 - 75} =\frac{502.5}{25} = 20.1
Next, convert 20.1 into thousands of dollars by multiplying it by 1000. 20.1(1000) = 20100. Therefore, the answer is $20,100.
