SOLUTION: Cost of living went up 11%, but Alice got an 11% raise in her salary, she is now earning 27340. How much did she make last year?

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Question 126939: Cost of living went up 11%, but Alice got an 11% raise in her salary, she is now earning 27340. How much did she make last year?
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
Let last years salary = x
x+%2B+.11x+=+27340
1.11x+=+27340
x+=+27340+%2F+1.11
x+=+24630.63answer