Given:
The total profit is P = 1.62 x 7^7 dollars.
The number of employees is N = 7^3 people.
The company divides the profit equally among its employees.
The objective is to find the amount received by each person.
Explanation:
Consider the profit of each person as x.
[tex]x=\frac{P}{N}\text{ . . .. (1)}[/tex]
On plugging the values in equation (1),
[tex]x=\frac{1.62\times7^7}{7^3}[/tex]
On further solving the above equation,
[tex]\begin{gathered} x=1.62\times7^7\times7^{-3} \\ =1.62\times7^4 \end{gathered}[/tex]
Hence, the amount received by each person is $1.62 x 7^4.
