Question

Last week, Charles opened a checking account. Since then, he withdrew 2 dollars, which was 8% of the balance. How much did Charles have in the account last week?

Answer 1

Answer: Charles had 25 dollars in his account last week.

Explanation:

To find out how much Charles had in his account last week, we can use the information given: he withdrew 2 dollars, which was 8% of the balance.

Let's set up an equation to represent this situation:

2 = 0.08 * B

In this equation, B represents the balance in Charles' account last week.

To solve for B, we can divide both sides of the equation by 0.08:

2 / 0.08 = B

This simplifies to:

25 = B

Therefore, Charles had 25 dollars in his account last week.

So, the answer is that Charles had 25 dollars in his account last week.