Given the percentage increase and the new yearly salary, Todd's yearly salary before the increase was $25,000.
What was Todd's yearly salary before the increase?
Given that;
- Todd received a 3% salary increase
- New yearly Salary is $25,750
- Todd's yearly salary before the increase = ?
Since it is an Increase, the percentage is (100% + 3% = 103%), Let the salary before the increase be represented by x.
103% of x = $25,750
103/100 × x = $25,750
103x/100 = $25,750
We cross multiply
103x = $25,750 × 100
103x = $2,575,000
Divide both sides by 103
103x/103 = $2,575,000/103
x = $25,000
Given the percentage increase and the new yearly salary, Todd's yearly salary before the increase was $25,000.
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