Answer:
[tex]\$56,000[/tex]
Step-by-step explanation:
Let
x-----> the original salary
we know that
[tex]100\%+12\%=112\%=112/100=1.12[/tex]
so
[tex]1.12x=62,720[/tex]
Solve for x
Divide by 1.12 both sides
[tex]x=62,720/1.12[/tex]
[tex]x=\$56,000[/tex]
