What is the percent decrease when the balance in a bank account goes rom $300 to $60

AThe percent decreases is 20%
BThe percent decreases is 25%
CThe percent decrease is 80%
DThe percent decrease is 87%

Verified Answer :

To find percentage decrease of something, we use this general formula:

percentage decrease = \(\frac{original - new}{original} * 100\)

Plugging in original value of 300 and new value of 60 will give us:

\(\frac{300-60}{300}*100\\=\frac{240}{300}*100\\=0.8*100\\=80\).

So we have a 80% decrease. Answer choice C is correct.


ANSWER: C

Answer:

The percent decrease is 80%.