Question

- A savings account with $500 now has $120. How much did it decrese in persent?

​

Answer 1

76%

Explanation:

Initial Value - 500

Final Value - 120

Percentage Decrease = (Initial Value−Final Value / Initial Value) × 100

Percentage Decrease = (500 − 120 / 500) × 100

Percentage Decrease = (380 / 500) × 100

Percentage Decrease = 0.76 × 100

Percentage Decrease = 76%

Answer 2

76%

Explanation:

500 - 120 = 380

380 ÷ 500 = 0.76

0.76 x 100 = 76%