SOLUTION: If your salary increases by 20% so that you make 50,000, what was your original salary before the increase?

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Question 265466: If your salary increases by 20% so that you make 50,000, what was your original salary before the increase?
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
If your salary increases by 20% so that you make 50,000, what was your original salary before the increase?
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Let original salary be "x".
Equation:
x + 0.20x = 50,000
1.2x = 50,000
x = $41,666.67
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Cheers,
Stan H.