Problema Solution
The cost of living last year went up 14%. Fortunately, Alice Swanson got a 14% raise in her salary from last year. This year she is earning $54,120. How much did she make last year?
Answer provided by our tutors
let x = the salary last year (before the raise)
x + 0.14x = 54,120
1.14x = 54,120
by solving we find:
x = $47,473.68
click here to see the step by step solution of the equation:
Alice Swanson made $47,473.68 last year.