2 years ago

Lauren is given a 12% pay rise.Her new salary is £24,080. What was Lauren's salary before the pay rise?

Mathematics

1 answer:

ExtremeBDS [4]2 years ago

5 0

Answer:

The base salary was £21,500.

Step-by-step explanation:

Giving the following information:

Increase rate (g)= 12%

New salary= £24,080

<u>To calculate the base salary, we need to use the following formula:</u>

<u></u>

Base salary= new salary / (1 + increase rate)

Base salary= 24,080 / (1.12)

Base salary= £21,500

The base salary was £21,500.

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