After a 5% raise your new salary is $ 84000. Before the raise your salary was $
1.05x = 84000
x = 84000/1.05 = _____
To find your salary before the raise, we can use the given information.
Let's assume your salary before the raise was x.
After the 5% raise, your new salary is given as $84000. This means that you received a 5% increase on your original salary.
To calculate your original salary, we can use the equation:
x + 5% of x = $84000
To find 5% of x, we can multiply x by 5/100:
0.05x = $84000
Now, we can solve for x by dividing both sides of the equation by 0.05:
x = $84000 / 0.05
x = $1680000
Therefore, your salary before the raise was $1680000.
To determine your salary before the raise, we can use the information given. Since you received a 5% raise, your new salary after the raise is $84,000. However, we need to find your salary before the raise.
To calculate the salary before the raise, we can use the formula:
Salary before raise = (Salary after raise / (100% + raise percentage)) * 100%
In this case, since the raise percentage is 5%, we plug in the values:
Salary before raise = ($84000 / (100% + 5%)) * 100%
Now, let's solve it step by step:
1. Calculate the amount to add to 100% based on the raise percentage:
100% + 5% = 105%
2. Divide the current salary after the raise by the score from step 1:
$84000 / 105% = $800
Therefore, your salary before the raise was $80,000.