Kyle saves 8% of his income for a new car this year his salary was $2000 less than in the previous year and he saved $3000 what was his salary in the previous year
Question
Answer:
First let us calculate for his salary this year. We know
that 3000 is only 8% of his salary, hence:
0.08 * salary = 3000
salary = 3000 / 0.08
salary = 37,500
Therefore his previous salary is:
previous salary = 37,500 + 2,000
previous salary = $39,500
solved
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10 months ago
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