Question

Jonah is looking over his credit card statements from the past couple of months. Last month's balance was $95. This month, it was $76. What was the percent of decrease in Jonah's balance?

Answer 1

To start with, 76 is 80% of 95. (76/95=0.8)
This means that we take the difference from 100% of 95 and 80% of 95, and get a 20% decrease.