SOLUTION: Jim earned $45,900 in 2013, a 17.5% increase over 2012 earnings. What were 2012 earnings, show how to arrive at solution.

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Question 1067076: Jim earned $45,900 in 2013, a 17.5% increase over 2012 earnings. What were 2012 earnings, show how to arrive at solution.
Answer by stanbon(75887)   (Show Source): You can put this solution on YOUR website!
Jim earned $45,900 in 2013, a 17.5% increase over 2012 earnings. What were 2012 earnings, show how to arrive at solution.
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2012 earnings:: x
2013 earnings:: 1.175x = 45,900
x = 45,900/1.175 = $39063.83
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Cheers,
Stan H.
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