A manufacturing plant is running at a deficit. To avoid​layoffs, the workers agree on a temporary wage cut of 6%. If the average salary in the plant after the wage cut is $37,600, what was the average salary before the wage​ cut?

Zackary Duffy

Zackary Duffy

Answered question

2022-09-07

A manufacturing plant is running at a deficit. To avoid​layoffs, the workers agree on a temporary wage cut of 6%. If the average salary in the plant after the wage cut is $37,600, what was the average salary before the wage​ cut?

Answer & Explanation

Gerardo Kent

Gerardo Kent

Beginner2022-09-08Added 12 answers

Given,
Average salary in the plant after the wage we is $37600
6% of 37000
= 6 100 × 37000 = 2256
Salary before wage cut
= 37600 + 2256 = $ 39856

Do you have a similar question?

Recalculate according to your conditions!

Ask your question.
Get an expert answer.

Let our experts help you. Answer in as fast as 15 minutes.

Didn't find what you were looking for?