This week Skyler got a promotion at work that came with a 3 % pay increase. If now his monthly salary is $ 2369 , how much was he making before the raise? Enter answer as a decimal. If needed round to the nearest Penny.

Respuesta :

Let the amount Skyler was making before the rasie be x

He had 3% pay increase

In terms of percentage, his new salary is now 100% + 3% = 103% of x

that is

103% of x = $2369

[tex]\begin{gathered} \frac{103}{100}x\text{ =2369} \\ 1.03x\text{ = 2369} \\ x=\frac{2369}{1.03} \\ x=2300 \end{gathered}[/tex]

The amount he was making before the rasie was $2300