A worker earns a 5% raise. A year later, the worker receives a 2.5% cut in pay, & now his salary is Rs. 22702.68
What was his salary to begin with?
Answer
Rs.22176
Assume his salary was Rs. X
He earns 5% raise. So his salary is (105*X)/100
A year later he receives 2.5% cut. So his salary is ((105*X)/100)*(97.5/100) which is Rs. 22702.68
Hence, solving equation ((105*X)/100)*(97.5/100) = 22702.68
X = 22176
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