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An employees new salary is $16,275 after getting a 5% rate. What was the salary before the increase in pay

An employees new salary is $16,275 after getting a 5% rate. What was the salary before the increase in pay
asked 223k views
3 votes
An employees new salary is $16,275 after getting a 5% rate. What was the salary before the increase in pay

asked
User Darksmurf
by
7.5k points

1 Answer

1 vote

Answer:

$15,000

Explanation:

x + .05x = 16275

x(1+.05) = 16275

1.05x = 16275

x = $15,500

answered
User Fabiomcosta
by
8.6k points
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