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13 April, 20:37

Kyle saves 8% of his income for a new car this year his salary was $2000 less than in the previous year and he saved $3000 what was his salary in the previous year

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  1. 13 April, 22:20
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    First let us calculate for his salary this year. We know that 3000 is only 8% of his salary, hence:

    0.08 * salary = 3000

    salary = 3000 / 0.08

    salary = 37,500

    Therefore his previous salary is:

    previous salary = 37,500 + 2,000

    previous salary = $39,500
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