SOLUTION: An employee's new annual salary is 36,516, which include a 5% pay raise and a 2.4% cost-of-living allowance. What was the employee's orginal salary?
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Question 238853: An employee's new annual salary is 36,516, which include a 5% pay raise and a 2.4% cost-of-living allowance. What was the employee's orginal salary?
Answer by checkley77(12844) (Show Source): You can put this solution on YOUR website!
X*1.05*1.024=36,516
1.0752X=36,516
X=36,516/1.0752
X=$33,962.05 WAS THE ORIGINAL SALARY.
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