Question

Ryan put $160 in a bank account. After 2 months, the total in his account decreased by 25%. What is the amount in Ryan's account now?

Answer 1

$140

Explanation:

Ryan put $160 in a bank account. After 2 months, the total in his account decreased by 25%.

Step 1

We calculate the Decrease

Original amount × Percentage Decrease

Original amount = $160

Percentage Decrease = 25%

Hence:

Decrease = $160 × 25%

= $40

Step 2

The amount in Ryan's account now is calculated as:

$160 - $40

= $140