Question

Skill Builder

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An assistant receives a 5% raise, bringing the salary to $42,583. What was the salary before the raise?
a) $40,555
b) $41,000
c) $41,123.80
d) $42,200

Answer 1

To determine the original salary before a 5% raise which resulted in a salary of $42,583, the calculation is $42,583 divided by 1.05. The correct original salary is $40,555.

Step-by-step explanation:

An assistant receives a 5% raise, bringing the salary to $42,583. To find the original salary before the raise, we need to reverse calculate the 5% increase. Since 5% is the increase, 100% would represent the original salary. We can express this as:

Original Salary + (Original Salary * 0.05) = New Salary

1.05 * Original Salary = $42,583

Original Salary = $42,583 / 1.05

Original Salary = $40,555

Therefore, the answer is a) $40,555.