SOLUTION: If I got a 5% raise and my new salary is $40,530.00. What was my old salary?

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: If I got a 5% raise and my new salary is $40,530.00. What was my old salary?      Log On


   



Question 903308: If I got a 5% raise and my new salary is $40,530.00. What was my old salary?
Found 2 solutions by Math_Boss, MathTherapy:
Answer by Math_Boss(45) About Me  (Show Source):
You can put this solution on YOUR website!
5% = 0.05
40530.00%2A0.05=2026.50
Old salary:
40530.00-2026.50=38503.50
ans:$38,503.50

Answer by MathTherapy(10552) About Me  (Show Source):
You can put this solution on YOUR website!

If I got a 5% raise and my new salary is $40,530.00. What was my old salary?

Old salary: $highlight_green%2838600%29
You can do the check!!
If you need a complete and detailed solution, let me know!!
Send comments, “thank-yous,” and inquiries to “D” at MathMadEzy@aol.com.
Further help is available, online or in-person, for a fee, obviously.
For FREE info and answers to questions about the ASVAB exam, the NYS 3 – 8 city/state wide exams,GENERAL
MATH and HOMEWORK QUESTIONS, or MATH QUESTIONS related to the Regents Integrated Algebra,
Regents Geometry, Regents Algebra 2/Trigonometry, SHSAT, COOP/HSPT/TACHS, PSAT, SAT, ACT, SSAT/ISEE,
GRE, CLEP, and the TASC/GED, you can visit: http://asvabstudyzone.freeforums.net/.