Question

If 480 is decreased by 85%, what is the new amount?

Answer 1

The percentage decrease is 85% of 480, which is computed as follows:

$480\cdot\frac{85}{100}=408$

The new amount is obtained by subtracting this decrease to the original value, as follows:

$\begin{gathered} \text{ new amount = original amount - percentage decrease} \\ \text{ new amount = 480 - 408} \\ \text{ new amount = 72} \end{gathered}$