Calculate the sum of the profits
Question: Suppose that in 2012 Johnson Industries earned a profit of $1400. You know that in 2012 profits grew by 40% from their 2011 level. Also in 2011, profits grew by 25% from their 2010 level. Calculate the sum of the 2010 and 2011 profits.
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Also in 2011, profits grew by 25% from their 2010 level. Calculate the sum of the 2010 and 2011 profits.
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