razberry72
razberry72 razberry72
  • 22-08-2016
  • Mathematics
contestada

Find last​ year's salary​ if, after a
5 % pay​ raise, this​ year's salary is
$34,125.

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Ckaranja
Ckaranja Ckaranja
  • 22-08-2016
Let last year's salary be y;
As a percentage, last year's salary was 100%
After a 5 percent raise, the new salary is 105%;
The 105% is equivalent to 34,125;
The older salary was;
=[tex] \frac{34125*100}{105} [/tex]
= 32,500 dollars

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