Question

On March 1, a company had $125,000 in a bank account. On April 1, the amount of money in the account had decreased by 8%. On May 1, the amount of money in the account was half of the amount that was in the account on April 1. How much money was in the account on May 1?

PLZ HELP ME OUT :D

Answer 1

$57,500

Explanation:

`125,000 * 0.08 = 10,000\\125,000 - 10,000 = 115,000\\115,000 * 1/2 = 57,500`

$57,500