Question

Banana Bob's supply budget hasdecreased to $2400. If they had$3000/month to spend on suppliesbefore, what is the percent decrease intheir budget?

Answer 1

Answer:

20%

Explanation:

To determine the percentage decrease in Banana Bob's supply budget, we need to follow the below steps;

1. Find the difference between the two amounts;

$3000-2400=600$

2. Divide the decrease by the original amount(3000) and multiply by 100;

$\frac{600}{3000}\times100=0.5\times100=20$