the company's profit in 2015 was $89,600,000 (89.6 million dollars)
43%
Explanation:
Profit in 2011 = $128 million
Profit in 2015 decreased by 30%
% decrease = (old price - new price)/old price
old price = Profit in 2011 , new price = Profit in 2015
30% = (128,000,000 - new price)/128000000
[tex]\begin{gathered} 30percent=\text{ }\frac{128,000,000 -newprice}{128000000} \\ 0.30\text{ = }\frac{128,000,000-newprice}{128000000} \\ \text{cross multiply:} \\ 0.3(128,000,000)\text{ = }128,000,000-newprice \end{gathered}[/tex][tex]\begin{gathered} 38400000\text{ = }128,000,000-newprice \\ \text{subtract }38400000\text{ from both sides:} \\ 38400000-\text{ }38400000\text{ = }128,000,000-38400000-newprice \\ \text{0 = 89600000 }-newprice \\ newprice\text{ = 89600000 } \end{gathered}[/tex]Hence, the company's profit in 2015 was $89,600,000 (89.6 million dollars)
Percentage increase = (new price - old price)/old price
new price = 128million dollars , old price = 89.6 million dollars
% increase = [(128 - 89.6)in millions/(89.6) in millions] × 100
% increase = 38.4/89.6 × 100
% increase = 0.43 × 100
% increase = 43%
Hence, the label's profit must increase by 43% from its 2015 value to reach $128 million within the next two years