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?

The percent decrease is 1.6%.
The percent decrease is 16%.
The percent decrease is 84%.
The percent decrease is 120%.

Answer 1

The percent decrease is 16%.

Hint: USE THE PERCENT DECREASE FORMULA!

Answer 2

16% is your Answer
$5000 *.16=$800