Question

Find last year's salary if, after a 5% pay raise, this year's salary is $37,275.

Answer 1

$35,411 was last years salary 

Answer 2

$35,411 was last year raise

$  37275  x 0.05 = $ 1863.75

$ 37275  - $ 1863.75 = 

$35,411

Hope this helps