The cost of living last year went up 7 fortunately Alice Swa

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 earring $25, 080. How much did she make last year? (Round to the nearest hundredth)

Solution

Lets assume her last year salary be $x

Aftre 7 % raise her salary become this year = x + 0.07x = 1.07x

1.07x = 25080

x =   $ 23439.25