Question

Mrs. Hernandez saves 4% of her earnings for retirement. This year, she earned $200 more than last year, and she saved $900. Complete and solve the equation to find her earnings last year.

Answer 1

x being the earning last year (with/ without taxes), 4 percent of x+$200 is $900.

25×900=x+200

22500=x+200

x=20500