Answer:
$42,857.14
Step-by-step explanation:
12% = 12/100 = 0.12
If the teller's current salary is D and it increases by 12% in one year, the salary next year would be
X(1+0.12) = 1.12X
We know that salary next year is 48000
Using this fact,
1.12X = 48000
Dividing by 1.12 on both sides,
X = 48000/1.12 = 42,857.14
