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Your current salary is $63,420.00. If you received a 5% raise last year, what was your salary last year before
your raise?
Your salary last year was $
(if needed, round to the nearest cent - NO COMMAS).

Your current salary is 6342000 If you received a 5 raise last year what was your salary last year before your raise Your salary last year was if needed round to class=

Respuesta :

offalexjackson777

Answer:

$60,400

Step-by-step explanation:

This year's salary is 105% of last year's salary. So if you divide last years salary by 105% or 1.05 

You will get last year's salary: 63,420/1.05 = $60,400

Raise:$60,400 X 5% = $3020

So: $60,400 + $3,020 = $63,420 

Answer:

$60400

Step-by-step explanation:

Let last year's salary be x.

Now, current salary = x + 5% of x

i.e. $63420 = x + 0.05x {5% = 5/100}

63420 = 1.05x

Divide both the sides by 1.05.

x = 63420 /1.05

= $60400

Hence, last year's salary was = $60400.