Solve.
-If Gloria received a 3 percent raise and is now making $24,720 a year, what was her salary before the raise?
A)$22,720
B)$25,000
C)$23,720
D)$24,000

Question

Quizplus · Accepted Answer

Gloria's new salary is the result of a 3% raise, so her salary before the raise was 100% of her original salary. To find the original salary, divide her new salary by 1.03 (100% + 3% = 103%, or 1.03 in decimal form). $24,720 / 1.03 = $24,000.

Solve. -If Gloria Received a 3 Percent Raise and Is Now