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Find last year's salary if after a 4% raise , this year's salary is $44,200.

alright this is what I did:
x * .04 = 44,200/.04

=1105000

then

1105000+ .04(1105000) and got a huge number that is completely wrong. I was following the example for this type of problem. l have no idea what I did or where I went wrong with this.

1 Answer

1 vote
You can try this way:
x - last year´s salary, raise: 4% = 0.04 ( 100%+4% = 104% = 1.04 )
x · 1.04 = 44,200
x = 44,200 : 1.04
x = 42,500
Last year´s salary was $42,500.
User Guapolo
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