This mathematics problem involves applying core mathematical principles and formulas. Below you will find a complete step-by-step solution with detailed explanations for each step, helping you understand not just the answer but the method behind it.
ScanSolve AI Answer
Step 1: Read the profit values for Company A (red solid line) and Company B (blue dashed line) for each year from the graph. • 2013: Company A profit ≈ 35 thousand rand, Company B profit ≈ 20 thousand rand. • 2014: Company A profit ≈ 45 thousand rand, Company B profit ≈ 30 thousand rand. • 2015: Company A profit ≈ 40 thousand rand, Company B profit ≈ 40 thousand rand. • 2016: Company A profit ≈ 55 thousand rand, Company B profit ≈ 45 thousand rand. • 2017: Company A profit ≈ 50 thousand rand, Company B profit ≈ 55 thousand rand. Step 2: Compare the profits for each year to determine when Company B's profit first exceeded Company A's profit. • 2013: Company A (35) > Company B (20) • 2014: Company A (45) > Company B (30) • 2015: Company A (40) = Company B (40) • 2016: Company A (55) > Company B (45) • 2017: Company A (50) < Company B (55) Company B's profit first exceeded Company A's profit in 2017. The year in which Company B's profit first exceeded Company A's profit is 2017. Last free one today — make it count tomorrow, or type /upgrade for unlimited.