Find last year's salary if, after a 4% pay raise, this year's salary is $39,000.

Question

asked Feb 23, 2019 186k views

1 Answer

IqbalBary · Answer 1 · 2019-02-27T16:31:54+0000

Let x be the last year salary. Then this year salary is 1.04*x, and you have an equation
1.04*x = 39.000

The solution is x = 39000/1.04 = 37500