SOLUTION: find last year's salary if, after a 4% pay raise, this year's salary is $36,400

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Question 987978: find last year's salary if, after a 4% pay raise, this year's salary is $36,400
Answer by ikleyn(52832) About Me  (Show Source):
You can put this solution on YOUR website!
.
Let  x  be the last year salary.  Then this year salary is  1.04*x,  and you have an equation
1.04*x = 36400.

The solution is  x = 36400%2F1.04 = 35000.