The supervisor at Mathmart just announced each of its employees will receive a 4.5% raise. If your new monthly salary is $2539.35, then what was your monthly salary before the raise?

Answer 1

So you have the ending salary and the raise amount, so all you need to simply do is take $2,539.35 and divide by 1.045 (4.5%+1). You come to $2,430.