SOLUTION: Enrique puts 12% of his monthly paycheck in an IRA. If he invests $72 in his IRA, how much was his paycheck?

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Question 15682: Enrique puts 12% of his monthly paycheck in an IRA. If he invests $72 in his IRA, how much was his paycheck?
Answer by rapaljer(4671) About Me  (Show Source):
You can put this solution on YOUR website!
Let x = amount of monthly paycheck

12% of Paycheck = IRA deposit
.12x = 72

Divide both sides by .12:
%28.12x%29%2F.12+=+72%2F.12
x=+7200%2F12=600
x= $600

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