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19 November, 07:46

Sandra saves 12% of her salary for retirement. This year her salary was $3000 more than in the previous year, and she saved $4200. What was her salary in the previous year?

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  1. 19 November, 08:14
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    The previous year's salary is x.

    This year's salary is x + 3000.

    12% of this year's salary is $4200.

    12% * (x + 3000) = 4200

    0.12 (x + 3000) = 4200

    x + 3000 = 35,000

    x = 32,000

    Answer: Her salary in the previous year was $32,000.
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