The cost of living last year went up 12%. Fortunately, Alice Swanson got a 12% raise in her salary from last year. This year she is earning $26,950. How much did she make last year?
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let x be the amount of money Alice earned. after an increase by 12%, then the salary was $26950. This gives an equation of;
divide both sides by 1.12 to remain with x on the left side;
x= $24,062.5 is what Alice made the previous year.
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