SOLUTION: an employees new salary is $26,355 after getting a 5% raise. what was the salary before the increase?

Algebra ->  Finance -> SOLUTION: an employees new salary is $26,355 after getting a 5% raise. what was the salary before the increase?      Log On


   

Question 125258: an employees new salary is $26,355 after getting a 5% raise. what was the salary before the increase?
Answer by checkley71(8403) About Me  (Show Source):
You can put this solution on YOUR website!
1.05X=26,355
X=26,355/1.05
X=$25,100 AMOUNT OF THE SALARY BEFORE THE RAISE.