SOLUTION: Mr. Murphy contributes 5% of his salary to the company profit sharing plan. If his monthly contribution is $100.00, what is his monthly salary

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Question 487479: Mr. Murphy contributes 5% of his salary to the company profit sharing plan. If his monthly contribution is $100.00, what is his monthly salary
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
100/0.05=$2,000