SOLUTION: An assistant receives a 5% raise, bringing the salary to $46,653, what was the salary before the raise?

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Question 441208: An assistant receives a 5% raise, bringing the salary to $46,653, what was the salary before the raise?
Answer by Euler(11) About Me  (Show Source):
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Okay, so 105% of his salary is 46,653 then 100% of his salary would be:(100*46,653)/105. This comes out to be 44431.43 (My answer's rounded off to 2 dp)
To recheck, you can solve:
44431.34 + .05*44431.34
=446652.9 ~446653
:)