A man pays 5% of the salary as tax. if after spending 95% of the remaining has $114 left. which is the salary before tax?
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Let x = be the salary before tax
.95x = be the salary after the tax(5% being the tax rate)
(.95x)(.95) or .9025x is the amount spent therefore
.95x-.9025= the remaining amount = $ 114
.0475x=$114
x= $ 2,400 the salary before tax
$ 2,400
.95x = be the salary after the tax(5% being the tax rate)
(.95x)(.95) or .9025x is the amount spent therefore
.95x-.9025= the remaining amount = $ 114
.0475x=$114
x= $ 2,400 the salary before tax
$ 2,400
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