Question

Maria is given a pay increase of 3%. After the pay increase, she earns $2472 each month. Calculate her monthly pay before the pay increase.

Answer 1

Answer: $2400

Explanation:

Given

Maria got a hike of 3%.

After the hike she earns $2472 each month

Suppose, before hike she earns x each month

`\Rightarrow x+x* 3\%=2472\\\Rightarrow x(1+0.03)=2472\\\Rightarrow 1.03x=2472\\\Rightarrow x=\$2400`

Thus, she earns $2400 before the hike.