Question 818698: Your 3% raise added $96 to your monthly income. What was your salary before the raise and what is it now? Found 3 solutions by TimothyLamb, stanbon, rfer:Answer by TimothyLamb(4379) (Show Source):
You can put this solution on YOUR website! NOTE TO STUDENT:
In reply to your private message asking whether the solution shown below is correct or incorrect, the solution shown below is correct.
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s(0.03) = 96
s = 96/(0.03)
s = $3200
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n = s(1.03)
n = 3200(1.03)
n = $3296
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You can put this solution on YOUR website! Your 3% raise added $96 to your monthly income. What was your salary before the raise and what is it now?
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Assume your monthly salary was "x"::
Equation:
0.03x = 96
x = 9600/3
x = $3200. (Salary before change)
3200+96 = $3296 (Salary after change)
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Cheers,
Stan H.
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