Question

Last year Jacob made $2,300 at his summer job. This year he only made $1,771.

What is the percent decrease?




Last year Jacob made $2,300 at his summer job. This year he only made $1,771.

What is the percent decrease?




77%


30%


23%


5%

Answer 1

To find the percent decrease, you need to calculate the difference between the two amounts and then divide it by the original amount, and finally multiply by 100 to get the percentage.

The difference is: $2,300 - $1,771 = $529

The percent decrease is: ($529/$2,300) x 100% ≈ 23%

Therefore, the answer is 23%.