Question

1. You currently have $4,500 saved in your bank account. You have decided to use $2700.

What percentage of your savings did you use? Show all your work to justify your answer.

Answer 1

60%

Explanation:

1. 4500/100=45

2. 2700/45=60

The reason why is because 45 is 1%, so the way to find the percent is to divide 2700 by 45