Answered

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Sandra saves 8% of her salary for retirement. This year her salary was $2,000 more than in the previous
year, and she saved $3,360. What was her salary in the previous year?

Sagot :

iciclepiano18

Answer:

[tex]\$40000[/tex]

Step-by-step explanation:

Let's start by finding Sandra's salary this year.

We are given that she saved $3,360 or 8% of her total salary this year.

Let's represent her total salary this year as "x" and set up an equation:

[tex]\$3360=8\%x\\[/tex]

Note that any percentage is equivalent to that number over 100.

[tex]$3360=\frac{8}{100}x[/tex]

Multiply 100 to both sides:

[tex]336000=8x[/tex]

Divide both sides by 8

[tex]x=42000[/tex]

The question states "this year her salary was $2000 more than in the previous year".

This means that her salary in the previous year is equivalent to:

[tex]42000-2000=40000[/tex]

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