Answer:
$19,400
Step-by-step explanation:
Let x represent employee's salary before increase.
We have been given that an employees new salary is $20,370 after getting a 5% raise.
After 5% raise new salary would be x plus 5% of x.
\(x+\frac{5}{100}x=x+0.05x=1.05x\)
\(1.05x=\$20,370\)
\(\frac{1.05x}{1.05}=\frac{\$20,370}{1.05}\)
\(x=\$19,400\)
Therefore, the salary before increase was $19,400.
