Math Problem Statement

A part of Anil's salary is constant and a part of it is variable. His variable salary increased by 50% and 33.33% at the end of two consecutive years as a result of

which his total salary now is 30% more than his total salary 2 years back. What percent of his total salary was his fixed salary 2 years ago?

Solution

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Math Problem Analysis

Mathematical Concepts

Algebra
Percentage Change
Linear Equations

Formulas

Total Salary (2 years ago): S_0 = F + V_0
Total Salary (after 2 years): S_2 = F + 2V_0
Salary increase: S_2 = 1.3(S_0)
Percentage of fixed salary: (F / S_0) * 100

Theorems

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Suitable Grade Level

Grades 9-12