Answer:
42000
Step-by-step explanation:
Given that:
Amount of money saved by Sandra for retirement = 8%
Salary this year is 3,000 more than that in the previous year.
Total amount of money saved = 3,600
To find:
The salary in the previous year = ?
Let the salary in the previous year = [tex]x[/tex]
As per question statement, we can write the equation as:
[tex](x+3000)\times 8\% = 3600\\\Rightarrow (x+3000)\times \dfrac{8}{100} = 3600\\\Rightarrow (x+3000)\times 8 = 360000\\\Rightarrow 8x+24000 = 360000\\\Rightarrow 8x= 360000 - 24000 \\\Rightarrow 8x = 336000\\\Rightarrow x = 42000[/tex]
Therefore, the salary in the previous year was 42000.
