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A bank Teller's annual salary will increase by 12% next year to an annual salary of
$48,000. What is the teller's annual salary now?

Sagot :

Answer:

$42,857.14

Step-by-step explanation:

12% = 12/100 = 0.12

If the teller's current salary is D and it increases by 12% in one year, the salary next year would be

X(1+0.12) = 1.12X

We know that salary next year is 48000

Using this fact,

1.12X = 48000

Dividing by 1.12 on both sides,

X = 48000/1.12 = 42,857.14