1) Timothy started the day with $70. He made some purchases throughout the day and ended up with $56 in his wallet. What is the

Question

1) Timothy started the day with $70. He made some purchases throughout the day and ended up
with $56 in his wallet. What is the percent change in the amount of money in Timothy’s wallet

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Melody 1 week 2021-09-09T09:39:10+00:00 1 Answer 0

Answers ( )

    0
    2021-09-09T09:40:50+00:00

    The amount of money in Timothy’s wallet decreased by 20%.

    Step-by-step explanation:

    Amount in wallet at the start of day = $70

    Amount at the end of day = $56

    Change = New value – Old value

    Change = 56 – 70

    Change = -$14

    The negative sign indicates the decrease in amount.

    Percent decrease = \frac{Change}{Old\ value}*100

    Percent\ decrease=\frac{14}{70}*100\\\\Percent\ decrease=\frac{1400}{70}\\\\ Percent\ decrease=20\%

    The amount of money in Timothy’s wallet decreased by 20%.

    Keywords: change, percentage

    Learn more about percentages at:

    • brainly.com/question/5720422
    • brainly.com/question/5751004

    #LearnwithBrainly

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