Questions: In a hypothetical quarter three, Wayne's gross revenue dropped by 20% and Pam's gross revenue dropped by 3,000 compared to quarter two. Who had lower gross revenue in quarter three? Wayne Pam Both were equal Unable to determine

Solution Steps

Wayne's gross revenue in Quarter 2 is $80,000. His revenue dropped by 20% in Quarter 3. \[ \text{Drop in revenue} = 80,000 \times 0.20 = 16,000 \] \[ \text{Wayne's revenue in Quarter 3} = 80,000 - 16,000 = 64,000 \]

Pam's gross revenue in Quarter 2 is $67,000. Her revenue dropped by$3,000 in Quarter 3. $$\text{Pam's revenue in Quarter 3} = 67,000 - 3,000 = 64,000$$

Both Wayne and Pam have the same gross revenue in Quarter 3. $$\text{Wayne's revenue in Quarter 3} = 64,000$$ $$\text{Pam's revenue in Quarter 3} = 64,000$$

Final Answer