How much did she make last? year?

Question

The cost of living last year went up 7
?%.
?Fortunately, Alice Swanson got a 7
?%
raise in her salary from last year. This year she is earning ?$28 comma 200
.
How much did she make last? year?

Answer 1

I assume she makes $28,200 this year.

 

Therefore x(1 + 0.07) = 28200

 

Solving for x, 

 

x = 28200/1.07 = $26,355