Find last year's salary if, after a 5 %5% pay raise, this year's salary is $ 33 comma 075$33,075.

1 answer:

8 0

$33,075 = 0.05S + S

$33,075 = 1.05S

$33,075/1.05 = 1.05S/1.05

S= $31,500

Check

$31,500 * 5% = $1575 + $31,500 =$33,075

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