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Question
marybeth works from home as a graphic designer. recently she raised her hourly rate by 44% to cover increased costs. her new hourly rate is $20.97. find marybeths previous hourly rate.
the previous hourly rate was $.
(round to the nearest cent.)
Step1: Let the previous rate be $x$.
The new rate is the previous rate plus the increase. So $x + 4.18=20.97$.
Step2: Solve for $x$.
Subtract 4.18 from both sides of the equation: $x=20.97 - 4.18$.
$x = 16.79$
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$16.79$