Question

Holly had $5,000 in her bank account. She withdrew $800 to buy a new bike. What is the percent decrease in the balance of her account?

Answer 1

B

Explanation:

Answer 2

To get the percent decrease we will use formula:
( old - new ) / old
Old : $5,000
New:$4,200
(5.000-4,200 ): 5,000 = 800 : 5,000 = 0.16
The percent decrease is 16 %.