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abozer, Research Assistant
Category: Homework
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Experience:  B.S. Mechanical Engineering
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if my total compensation per year is 36,000 and benefits are

Customer Question

if my total compensation per year is 36,000 and benefits are 12% of my base salary how do I calculate what is my base salary?
Submitted: 6 years ago.
Category: Homework
Expert:  abozer replied 6 years ago.

abozer :

Hi,

abozer :

Benefits are %12 of the base salary,

abozer :

Benefits = 0.12*Base salary

abozer :

Total compensation is the summation of the base salary and benefits,

abozer :

36,000 = Base salary + 0.12*Base salary

abozer :

36,000 = 1.12*Base salary

abozer :

Divide each side by 1.12,

abozer :

36,000 / 1.12 = 1.12*Base salary / 1.12

abozer :

32,142.86 = Base salary

abozer :

Let me know if you have any questions.

JACUSTOMER-9ns2qi9e- :

that was easy and I feel very stupid right now!

abozer :

no no .

abozer :