Question

Last year, Shen opened an investment account with $7800. At the end of the year, the amount in the account had decreased by 22.5% . How much is this decrease in dollars? How much money was in his account at the end of last year?

Answer 1

The decrease was $1755.

At the end of the year, he had $6045 in his account.

Explanation:

Start with $7800.

Decrease of 22.5% of $7800.

22.5% of $7800 =

= $1755

The decrease was $1755.

$7800 - $1755 = $6045

At the end of the year, he had $6045 in his account.