Question

Contributions to a charity totaled $120,000 last year. The contributions decreased by 7% this year . What was the title amount of the contribution made to the charity this year?

Answer 1

So the total contribution amount dropped by 7% of the original $120,000. We can find the new amount by multiplying the original by 93% (which, as a decimal, is expressed as 0.93).

So the calculation would be 120,000 x 0.93 = $111,600.