An employee's new salary is \$28,140 after receiving a 5% raise.

What was the salary before the increase? What was last year's salary?

He got a 5% raise, so 28,140 is 105% of what it used to be.
105% means 1.05
(1.05) x (salary before increase) = 28,140
Divide each side by 1.05 :
Salary before increase = 28,140 / 1.05 = 26,800 .
The rest of the question is nonsense. The salary before increase** IS** last year's salary.

Answered by AL2006 | 2024-06-10

To find the employee's salary before the increase, we can use the concept of percentage change. We know that the new salary is $28,140 and it increased by 5%. Let's denote the old salary as x:
Therefore, the employee's salary before the increase was $26,800.
To find the last year's salary, we need to consider the decrease caused by the previous year's increase. We can calculate the decrease using the percentage change formula:
Therefore, the last year's salary was $26,800.

Answered by AladdinA123 | 2024-06-24

The salary before the increase was $26,800. This amount is also last year's salary since the raise was 5%.
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Answered by AL2006 | 2024-09-27