Algebra 1 assignment

Question descriptionI need help on my Algebra assignment.

1. This year, a salesman sells a total of $60,000 worth of steak knives by going door-to-door. This represents a 20% increase from the year before. What was the value of his sales last year?

A. $45,000
B. $48,000
C. $50,000
D. $52,500
E. $56,000

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